21 results
- 5 May 2015
Court Okays Extradition of Okoyomon, Ex-Mint Boss for Bribery
Federal High Court in Abuja has approved the extradition of Mr Ehidiamhem Okoyomon, a former managing director of the Nigeria Security Printing and Minting Company (NSPMC) to the United Kingdom to…
- 30 Dec 2016
NSPM Shuns Printing of Small Naira Denominations
Nigeria Security Printing and Minting plc (NSPM) has not printed the small naira denominations for about a year, causing the scarcity of the notes in the economy, the News Agency of Nigeria (NAN)…
- 28 Feb 2012
ePayment to Control 3Bn Bank Notes Prints Annually-NSPMC
Upon disclosure that Nigeria prints about three billion bank notes annually, the Nigerian Security Printing and Minting Company (NSPMC) has affirmed that cash-less policy of the Central Bank of…
- 9 Mar 2009
NSPMC to Print N1, 000, e-Passport
Nigerian Security Printing and Minting Corporation (NSPMC) Plc has said that the N1, 000 note, Nigeria’s highest currency denomination would be printed locally and at the NSPMC by the end of…
- 28 Aug 2014
CBN Restructures NSPMC, Appoints Ugbo as MD
Central Bank of Nigeria (CBN) has begun the restructuring of the Nigerian Security Printing and Minting Plc (NSPMC) in line with the directive of President Goodluck Jonathan. To this end, the board…
- 15 Apr 2013
N750m Currency Contract: EFCC Quizzes, Releases ex-Mint MD
Economic and Financial Crimes Commission (EFCC) has released Ehi Okomoyon, former managing director of the Nigerian Security Printing and Minting Company (NSPMC), after being quizzed over alleged…
- 30 Sept 2014
N750m Polymer Note Bribery: Okoyomon, Ex-Mint boss to Be Extradited to UK
Emmanuel Ehidiamhen Okoyomon, former managing director of the Nigerian Security Printing and Minting Company (NSPMC), is to be extradited to face trial in the United Kingdom. It was learnt that…
- 18 Jan 2013
Reps Probe Disappearance of N2Bn from Mint Vault
House of Representatives yesterday resolved to set up an ad- hoc committee to investigate the alleged disappearance of over N2 billion from the vault of the Nigeria Security Printing and Minting…
- 15 Jun 2021
CBN Agrees to Mint Currency for The Gambia
Central Bank of Nigeria (CBN) has agreed in principle to mint The Gambian Dalasi, following a proposal from Buah Saidy, governor of the Central Bank of The Gambia, who led a delegation to visit him…
- 2 Sept 2014
2015 Polls: Controversy Trails INEC’s N9Bn Ballot Papers Contract
Crisis is reportedly brewing at the Independent National Electoral Commission (INEC) following the decision of the Commission to contract the printing of the ballot papers to be used for the…
- 2 Feb 2009
Philately Business is a Serious Business- Ugo
King Fhud of Egypt describes philately as king of hobbies and hobby for kings. Postage stamps are considered the most effective medium for immortalizing monuments and past histories, yet not many…
- 17 Aug 2020
Reps Fume as Foreign Partners Pocket N72Bn NIS Revenue
House of Representatives Committee on Finance has asked Nigerian Immigration Service (NIS) to explain how some N72billion of over N80billion generated from the issuance of international passports and…
- 15 Feb 2010
CBN Pledges Support to BPE on Reforms
The Central Bank of Nigeria has pledged to collaborate with the Bureau of Public Enterprises (BPE) to carry out reforms in the various sectors of the economy. Mallam Sanusi Lamido Sanusi, governor,…
- 26 Nov 2013
CBN Ditches Polymer, Goes for Paper Banknotes
Central Bank of Nigeria (CBN) announced it will revert to paper banknotes, in a policy switch bucking a growing trend around the world for tougher polymer-based currency. The Central Bank of Nigeria…
- 21 Sept 2009
CBN to Print New Polymer Notes
In a bid to save cost and reduce the frequency of processing/sorting and replacing unfit paper notes, the Central Bank of Nigeria (CBN) is to issue 1.915 billion new polymer currency notes of N5, N10…
- 5 Feb 2019
FG signs MoU to Domesticate Passport Production
The Federal Government yesterday signed a Memorandum of Understanding (MoU), on domestication of production of Nigeria’s international passports. The agreement was signed between IRIS SMART…
- 8 Feb 2013
Mori-Baba Backs Independent Postal Commission
Mallam Ibrahim Mori-Baba, postmaster-general of the Federation has said that Nigeria needs an independent postal regulatory commission to ensure that Nipost and other courier companies in the country…
- 6 Apr 2025
SERAP Calls on Tinubu to Reject $1.08Bn Loan, Probe Missing Funds
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to decline the recently approved $1.08 billion loan from the World Bank. The organization emphasized the need…
- 24 Nov 2024
Massive N197bn Contract Fraud Uncovered in MDAs by Auditor-General
A recent report by the Auditor-General of the Federation has uncovered financial irregularities totaling over N197.72 billion across various ministries, departments, and agencies (MDAs) in Nigeria.…
- 16 Oct 2019
CBN Prints N177Bn New Naira Notes, Destroys N1.8Trillion Others
Central Bank of Nigeria (CBN) has said a sum of N176.9bn was spent to print banknotes between 2015 and 2018. This came as the apex bank also said that it destroyed unfit Naira currency notes…
- 22 Dec 2023
Emefiele Operates 593 Illegal Bank Accounts in US, UK, China – CBN Investigator
Godwin Emefiele, former Central Bank of Nigeria (CBN) Governor, has been allegedly accused of financial misconduct, including the operation of 593 illegal bank accounts in the United States, United…