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Central Bank Of Nigeria Stops Polymer Note Production




The CBN deputy governor Tunde Lemo, in a statement
on Sunday said the apex bank decided to scrap the polymer notes because
they fade easily, despite earlier experiments which showed that the
notes could last longer than paper notes.


Mr Lemo adds that no new polymer note is being printed at the moment
and the CBN will begin to produce the second generation of lower
denomination notes

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