notes

CBN: ₦500 And ₦1000 Are The Most Commonly Faked Notes

October 16, 2019 9:01 am

The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a nominal value of ₦98.82 million was recorded in 2018.

The bank said this in the Currency Operations 2018 Annual Report, posted on its website.

The CBN said the figure indicated a decline of 1.30 percent in volume terms and an increase of 5.77 percent in value terms when compared with 118,126 pieces with a nominal value of ₦93.43 million recorded in the corresponding period of 2017.

The regulator said that the ratio of counterfeit notes to the volume of banknotes …

The former British colonial administrator, Sir Frederick Lugard’s handover notes on the three major Nigerian ethnic groups.

Exposed! Lord Lugard’s Hand Over Notes To His Colleague

July 15, 2019 12:17 am

The former British colonial administrator, Sir Frederick Lugard’s handover notes on the three major Nigerian ethnic groups.

Lord Lugard was Governor-General of Nigeria between 1914 and 1919. Earlier he was governor General-General of Hong Kong between 1907 and 1912.

Sir Frederick Lugard handed over as governor general in Nigeria to Walter H. Lang on the 25th of September 1918, and by 1919, he was done with his administrative duties in Nigeria.

HAUSA
The Hausa-Fulani has no ideals, no ambitions save such as sensual in character. He is a fatalist, …

How woman who wanted $1m fake notes defrauded ₦700,000

June 17, 2019 11:34 am

A 28-year-old woman, Titilayo Shittu, on Monday appeared before an Ebute Meta Magistrates’ Court, Lagos State, for allegedly obtaining N700,000 under false pretences of printing one million dollars for her victim.

Shittu is standing trial for conspiracy, obtaining under false pretences, stealing and breach of the peace.

She, however, pleaded not guilty.

The prosecutor, Sgt. Ola Adelowo, told the court that the defendant collected the sum from the complainant, Mrs Vivian Uzor after hypnotising her.

Adelowo said that the defendant committed the offences in April and May …