Home News CBN Declares Money Bouquet as Form of Naira Abuse
News

CBN Declares Money Bouquet as Form of Naira Abuse

Share
Share

The Central Bank of Nigeria (CBN) has declared that money bouquet is now considered a form of currency abuse.

The apex bank made this announcement through a tweet on Friday, aimed at educating the public on what constitutes as abuse of the national currency.

In addition to money bouquet, the CBN listed other forms of naira abuse as spraying, selling, squeezing, and defacing.

The bank emphasized the importance of protecting the integrity of the currency and called on all citizens to take an active role in this effort.

“It is your civic duty to protect the Naira,” the CBN stated in the tweet.

“Any form of abuse, whether it be through money bouquet, spraying, selling, squeezing, or defacing, is unacceptable and will not be tolerated.”

Share
Related News
News

EFCC Declares Ex-Petroleum Minister Timipre Sylva Wanted Over $14.8m Corruption Allegation

The Economic and Financial Crimes Commission (EFCC) has declared Timipre Sylva, a former Minister of...

News

Tension In Ibadan As Residents Rally Against Oyo Government’s Planned Circular Road Expansion

Residents of several communities in Ibadan, the capital city of Oyo State...

News

Nigeria’s Hajj Commission Reduces 2026 Pilgrimage Fare, Sets Final Payment Deadline

The National Hajj Commission of Nigeria (NAHCON) has announced a major reduction...

News

Fed Govt To List N1tr Real Estate Fund On NGX To Boost Affordable Housing

The Federal Government will tomorrow list its N1 trillion real estate investment...