The life expectancy of paper money varies anywhere between a day to 18-24 months for the most commonly used bank notes. The higher the denomination of the note, the longer it tends to last, and thus ...

Next month, the Central Bank of Nigeria(CBN) will change the naira polymer notes to paper. AKINOLA AJIBADE looks at the cost and benefits of this exercise. Globally, Central Banks formulate and ...

One of the reasons countries around the world are transitioning from paper to plastic polymer banknotes was the promise they’d be harder to counterfeit—but it didn’t take long for fakes to proliferate ...

Newsletter: readers were divided, citing improved durability and anti-counterfeiting benefits alongside concerns about ...

The Central Bank of Nigeria (CBN), the country’s apex bank, has stirred another controversy with its proposed scrapping of polymer notes in favour of paper for some of the nation’s local currency, ...

WIGTON, England, Jan. 30, 2020 /PRNewswire/ -- CCL Secure has been awarded 75% of the future supply of polymer substrate for the new £20, continuing to supply the majority of substrate for the Bank of ...

When the Bank of England introduced new polymer plastic banknotes to exist the existing paper currency in 2016, the government promised the new notes would not only be more durable and secure, but ...