The Reserve Bank of India (RBI) manages the country's currency. Yes, every note enters the market under the RBI's supervision. While everyone keeps crisp notes in their pockets, what happens to old ...

The residents, who spoke to NAN said getting clean Naira notes were hard to come by nowadays. Miss Ekene Okugba said that she hasn’t seen new Naira notes in over two years. “I’m used to seeing and ...

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What to do with damaged notes? Currency notes often get damaged due to handling, moisture or tearing. To ensure they retain their value, the RBI has set guidelines for exchanging soiled or torn notes.

The House of Representatives has ordered the Central Bank of Nigeria (CBN) to immediately begin the withdrawal of all mutilated naira notes from banks across the country. The House urged the apex bank ...

The House of Representatives, on Thursday urged the Central Bank of Nigeria (CBN) to urgently withdraw and destroy mutilated naira notes in circulation. The house also charged the National Orientation ...

Nepal Rastra Bank (NRB) has taken strict measures for exchanging burnt paper notes, making it mandatory for individuals to ...