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EXCLUSIVE: Nigerian Communities, Markets In Sokoto Abandon Naira, Trade In CFA Over Scarcity Of New Notes

Residents of some communities and markets in the Illela Local Government Area of Sokoto State have begun to abandon the Nigerian currency for CFA franc because of the shortage of New Naira Notes, SaharaReporters has gathered. Investigations showed that Illela, a border town with Niger Republic and of about 105 kilometres from Sokoto, capital city of Sokoto State, now has most of its traders and residents trading, selling and buying in CFA franc. ....

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