CBN Spent ₦464 Billion on Naira Printing and Currency Management in 2025 as Operating Costs Nearly Doubled

The Central Bank of Nigeria (CBN) spent ₦464 billion on printing, distributing, processing, and destroying naira notes in 2025, according to its latest audited financial statements. The figure represents a sharp increase from the ₦238.6 billion recorded in 2024, reflecting a year-on-year rise of more than 94 percent in the cost of managing Nigeria’s currency….