The National President of Zaria Secondary School Senior Students Association (ZASCOSA), Esv. Dung Nehemiah Rwang, …
Read More »Ripplesmetrics: CBN reports 21,400% of currency printing costs amid an increase in staff costs
According to the data, CBN spent ₦ 238.65 billion to print, distribute, and dispose of currency records in 2024, up only from ₦ 1.11 billion in 2023. This unprecedented increase came in the midst of a broader financial shift in the Puncak Bank, with increased staff costs, fluctuating intervention programs. Staff costs soared CBN wage bills continue the track up. …
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