The Nigerian government should concentrate on prosecuting those mutilating the currency.
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The law prohibiting abuse of the naira violates Nigerian cultural and traditional practices.
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Less than 20 years ago, 69% of Australians’ purchases were made with cash. It’s now 13% and falling. This chart shows how the way we pay has completely changed in just one generation.
Mick Tsikas/AAP
It costs just 20 cents to make a $2 coin, and 32 cents to make a $100 note, but eventually the money making is going to stop.
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Cash holdings jumped 17% during the crisis, most of them in the form of $50 and $100 notes.
The new face of the £50 note?
National Portrait Gallery
Dorothy Hodgkin’s work on X-ray crystallography made it possible to understand how penicillin, insulin and many other molecules work.
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The Bank of England wants a scientist for the new £50 note.
The new A$10 banknote, part of a series. The next new banknote to be released will be the A$50, planned for 2018.
Reserve Bank of Australia
The new series of Australian banknotes are not a designer’s dream but they are the strongest yet in terms of preventing counterfeiting.
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The novelist’s life was marked by the financial industry … and not always for the best.