The Central bank of Nigeria has unveiled its clean note policy and banknote fitness guidelines.
This initiative is focused on maintaining quality standards for cash handlers and banknotes production and re-circulation.
The clean note policy is a spectrum of diverse currency management activities geared towards the efficient circulation of premium quality banknotes and withdrawal of unfit banknotes to guarantee public confidence.
The policy document states that banks should ensure that notes in circulation are clean and of good quality.
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