The Race For New Notes; Scarcity And Deadline Extension

The Central Bank of Nigeria (CBN) recently announced that the deadline for exchanging old Naira notes has been extended. This decision was made due to a scarcity of the new Naira notes in circulation and the pressure on the apex bank to extend the deadline. The scarcity of the new notes has caused significant inconvenience … Continue reading The Race For New Notes; Scarcity And Deadline Extension