• Insert tracking device on naira notes – Don tells CBN

    Insert tracking device on naira notes – Don tells CBN

    A university don has called on the Central Bank of Nigeria to insert security chips on the nation’s currency notes for easy tracking of every naira in circulation.

    Prof. Sunday Adewumi made the call on Thursday in a maiden Professorial Inaugural Lecture of the Federal University of Lokoja, tagged: “Algorithms Makes Sense out of Nonsense’’.

    The don said that naira notes could be programmed to carry strip of chip containing some vital information that could be used to trace its whereabouts, whenever […]