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Nigerian Banks Still Distributing Old Naira Banknotes as Demonetization Date Approaches

With just a few days left before old Nigerian naira banknotes are removed from circulation, some banks have accused the Central Bank of Nigeria of failing to distribute enough new…

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Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low

Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) has said. The announcement has since resulted…

Continue ReadingNigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low