The apex bank also put the total stock of currency (issuable & non-issuable) in its vaults at the end of December 2020 at 2.747 billion pieces compared to 2.641 billion pieces in 2019.
At end of December 2020, the total issuable notes (newly printed notes and Counted Audited Clean notes) was 592.94 million pieces compared with 726.43 million pieces in 2019, representing a decrease of 133.49 million pieces or 18.38 percent,” the report added.
Nigerian banks warn customers keeping old 50, 20 British pounds note Nigerian banks have instructed customers or anyone with old £20 and £50 notes to spend it before December 31, 2021.
In March 2021, Governor of Bank of England, Andrew Bailey unveils the design of the new £50 banknote featuring scientist Alan Turing. Alan Turing is best known for his codebreaking work at Bletchley Park, which helped end the Second World War.
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