Nigeria’s Central Bank to Mint for The Gambia

Nigeria’s apex bank to offer seven-year loans to youth corps members

Following the submission of Governor of the Central Bank of The Gambia, Buah Saidy after meeting with Nigeria’s CBN governor, Godwin Emefiele on Tuesday, the Central Bank of Nigeria (CBN) has agreed to mint the Gambian Dalasi.

Emefiele says Nigeria has a huge capacity in currency printing, adding that the nation has been minting since the 1960s.

“We are willing to assist in printing your currency and we can be extremely competitive in terms of cost,” Emefiele said.

On its part, the Nigerian Security Printing and Minting Company Plc said it is ready if both parties come to a deal.

Speaking earlier, The Gambia’s Central Bank Governor stated that his country is running very low on currency and wants to learn how to manage their currency need annually leveraging Nigeria’s wealth of knowledge and experience.

In his words, The Gambia placed an order for two years currency minting deal abroad but they are considering also minting from Nigeria if both countries are in tandem.

Leave your vote

Total
1
Shares
Previous Article
Funded by the government of Sudan and the Global Environment Facility (GEF)

Sudan’s First Turbine to Harness Wind Energy in Northern State

Next Article

Namibia Announces New COVID-19 Restrictions

Related Posts

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.