Wednesday, February 1, 2023

Video - Nigerian banks face a shortage of new naira notes

Frustration is growing among millions of Nigerians who have queued at automated teller machines to collect new naira notes. The Central Bank of Nigeria extended the deadline to swap the old naira notes by an extra ten days, to February 10. But no one is confident that banks will have enough of the new notes by then.


Related story: Video - New currency in Nigeria to affect small businesses according to World Bank

Cash Withdrawals from Government Accounts to be banned in Nigeria



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