The Central Bank of Nigeria says it has plan no to shut down any banks and also that it has confidence in the ability of the Security Printing company to meet the needs of the Naira replacement project.
In a statement dated February 10 but only made available Saturday, CBN spokesman Osita Nwanisobi dismissed as fabricated assertions that the Governor, Mr. Godwin Emefiele, attributed the current challenge in the distribution of the newly redesigned naira banknotes to a shortage of printing materials at the Nigerian Security Printing and Minting Company Plc.
