In line with the latest directive of the Central Bank of Nigeria (CBN) on tenure limits for bank and financial holding companies’ executives, the deputy
With the take off of a fully cashless economy along with the naira redesign, analysts have said, it is expected to help the government increase revenue
Nigeria’s push to replace its paper money with newly designed currency notes has created a shortage of cash, leaving people unable to buy what they need and forcing businesses to close across the West African nation, experts and business groups said. The Central Bank of Nigeria says the redesigned denominations of 200 (43 U.S. cents),…
ABUJA, Nigeria (AP) Nigeria s push to replace its paper money with newly designed currency notes has created a shortage of cash, leaving people unable to buy what they need and forcing businesses to close across the West African nation, experts and business groups said.