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- Did you cognize that the Central Bank of Nigeria has a currency depository wherever it exhibits currencies and artefacts from crossed the world?
- The CBN Currency Museum displays banknotes, coins, photographs, golden bars, documents, books, and different objects which archer the communicative of wealth and banking successful Nigeria and West Africa.
- The CBN Currency Museum was established to amended the nationalist connected the improvement of wealth successful Nigeria.
Museums are sites wherever the practice of a people is protected and showcased. They beforehand the culture, history, and values of a radical by the show of objects and materials collected implicit time.
On Wednesday, May 6, 2009, arsenic portion of activities to people the 50th day of the Central Bank of Nigeria, the Currency Museum was commissioned by the past Senate President of the Federal Republic of Nigeria, Senator David Mark.
Source: UGC
Located successful the office of the CBN successful Abuja, the nation’s capital, the Currency Museum is simply a subordinate of the International Council of Museums (ICOM), which provides a level for Museum professionals astir the satellite to interact and speech ideas. The depository has besides hosted 5 (5) International Museum Days successful the past.
Source: UGC
The purpose of the Currency Museum
The CBN Currency Museum was established to amended the nationalist connected the improvement of wealth successful Nigeria. It would besides enlighten the nationalist astir currency-related issues and the apex bank’s initiatives.
Considering the above, nether the enactment of the erstwhile Director of Currency and the Branch Operations Department, Mr. Ben C. Onyido, a committee comprising professionals from assorted departments of the CBN was formed.
Consultants were drawn from the National Commission for Museums and Monuments (NCMM) nether the Directorship of Mr. Nath Mayo Adediran (rtd), Art Professors from the Ahmadu Bello University, Zaria, Curator of the Bank of England Currency Museum, Mr. John Keyworth and an accumulation specialist, Mr. Nigel Tudman.
Source: UGC
Collections recovered successful the Currency Museum
Found successful the Currency Museum are currencies and artefacts obtained by donations, loans, and outright purchases. With the improvement of wealth successful the past 50 years, the collections connected show see banknotes, coins, photographs, golden bars, documents, books, and different objects which archer the communicative of wealth and banking successful Nigeria and West Africa.
The CBN has received donations of currencies and artefacts from truthful galore countries, arsenic 102 countries person their currencies connected show astatine the museum. 256 collections were recorded astatine the inception of the museum, and successful December 2019, the postulation accrued to 1,934.
Source: UGC
Next level museum
In accordance with progressive change, the CBN is exploring a mode to instrumentality the depository digital, wherever funny online visitors can instrumentality virtual tours of the depository and presumption the collections digitally.
CBN announces monolithic profit
Meanwhile, Legit.ng earlier reported that the CBN announced a melodramatic fiscal turnaround, reporting a nett aft taxation of N38.8 cardinal for the 2024 fiscal year.
In enactment with the Fiscal Responsibility Act 2011, the CBN volition transportation 80% of the Bank's nett to the Federal Government, portion retaining 20%.
The apex slope attributed the rebound to a important boost successful overseas speech revaluation gains and beardown maturation successful involvement and different operating income.
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Source: Legit.ng
