CBN cautions against abusing Naira

New wage: Technical committee finalizes work on report

Central bank of Nigeria (CBN) has again warns Nigerians to stop mishandling the naira note.

The Apex bank said spraying of the naira note, stepping on it, squeezing it, defacing it, or staining it are punishable offences.

The bank’s Deputy Director (Currency Operations Department), Vincent Wuranti, spoke at the CBN 2018 International Museum Day, celebration in Abuja, said such acts attracts a minimum of N50,000 fine, or six months jail term, or both.

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