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CBN approves N19bn for nine cotton plants’ revival …to recycle expired banknotes with N500m

Ifeanyi Onuba and Okechukwu Nnodim The Central Bank of Nigeria has approved a fresh loan of N19.18bn to nine cotton producing firms with a view to retooling their processing plants. The apex bank has also set aside the sum of N500m to recycle old naira notes being mopped up from the Deposit Money Banks across
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Added October 30, 2019
from The Punch News