The president said his “special investigator will soon present his findings on past lapses and how to prevent similar reoccurrence.”
The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date.
The apex bank governor said that the CBN had also disbursed huge sums as intervention to various other sectors of the economy.
The CBN asked Nigerians to disregard the “fake and unauthorized” circular by the commercial banks.
The apex bank warned that spraying, selling, squeezing, and defacing remains an abuse of the naira.
Decrying that some banks were still dispensing old notes in their ATMs, the Olubadan urged CBN to ensure that the situation was reversed.
The Central Bank of Nigeria (CBN) has vowed to sanction commercial banks dispensing old naira notes ahead of the January 31 deadline.
The CBN said the policy was sequel to critical thinking, research and other considerations.
![CBN Governor, Godwin Emefiele. [CREDIT: Bloomberg]](https://gazettengr.com/wp-content/uploads/CBN-Governor-Godwin-Emefiele.jpg)
Mr Emefiele described eNaira as a strategic initiative, in accordance with the bank’s mandate to preserve monetary and financial stability.
Plagiarism is not only treated as ethical shortcomings but is also considered illegal and penalised in many jurisdictions because it violates intellectual property rights.
