Nigeria’s central bank says old naira notes still legal tender | Business and Economy News
Cash shortages have plagued Africa’s largest economy since the beginning of the year, due to a CBN directive. Nigeria’s central bank will allow old bank…
This Video Does Not Show Terrorists Displaying New Naira Notes
A video showing some turbaned people in front of a large amount of cash has been widely shared on news blogs and social media, claiming…
Naira Scarcity Fueling Bloody Protests In Southwest Nigeria
There is a growing unrest across Southwest Nigeria following the cash crunch caused by a scarcity of new-design naira notes. On Feb. 3, protests broke…
Terrorists Reject Old Naira Notes As Ransom In Northwest Nigeria
A terror group responsible for the kidnap of a bride has rejected the ransom payment of NGN3 million made in old notes. This took place…