More / Bitcoin Reddit - 3 months ago
https://preview.redd.it/z5k7lq6r5p9c1.jpg?width=1092&format=pjpg&auto=webp&s=3895dcc2bfe48de75463ca010e47077cb26e71ed https://preview.redd.it/31jx29es5p9c1.jpg?width=774&format=pjpg&auto=webp&s=e09bff8f01c16dc2e...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian central bank has said the recently demonetized β¦200, β¦500 and β¦1,000 banknotes will remain legal tender until Dec. 31, 2023. The central bank statement, which reaffirms a Supreme Court ruling that extended the lifespan of the demonetized...
Bitcoin News / Bitcoin.com - 1 year ago
According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nige...
Bitcoin News / Bitcoin.com - 1 year ago
After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 3...
Bitcoin News / Bitcoin.com - 1 year ago
With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new banknotes. Despite growing pressure for it to extend the period for re...
Bitcoin News / Bitcoin.com - 1 year ago
According to the deputy governor of the Somalian central bank, Ali Yasin Wardheere, the institution plans to fight inflation and currency counterfeiters with newly issued shilling banknotes. The bank reportedly said it hopes to complete the process o...
Bitcoin News / Bitcoin.com - 1 year ago
The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause.
Forcing Currency Hoarders...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian central bank was, on Oct. 29, forced to defend its controversial currency redesign plans, just a few days after they were publicly questioned by Nigerian Finance Minister Zainab Ahmad. The central bank insists the move is long overdue an...
Bitcoin News / Bitcoin.com - 1 year ago
Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) has said. The announcement has since resulted in the naira’s parallel market exchange rate v...
by COINS NEWS - 1 year ago
Hi, In October last year six zeroes were removed by the currency by law here in Venezuela, so 1,000,000 Bs. (Bolivares) would become 1 "new" Bs. Of course everything in the economy is divided by 1,000,000 Bs., rent, wages, prices, ex...
Bitcoin News / Bitcoin.com - 2 years ago
A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank is now asking citizens to reject banknotes that are stained with traces of blue and green ink.
Increasing Circulation of Stained...
More / Bitcoin Reddit - 2 years ago
In the middle of the digital age and in the midst of the rise of cryptocurrencies such as bitcoin (BTC), most operations to acquire products or services are carried out through mobile wallets, computers connected to the Internet or using credit or de...
Bitcoin News / Bitcoin.com - 2 years ago
Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned with the rate at which Ni...