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Nigeria hopes new currency notes curb inflation, corruption
theGrio via AOL· 2 years agoABUJA, Nigeria (AP) — Nigeria on Wednesday launched newly designed currency notes, a move that the...
Nigeria sees cash shortage amid push for redesigned currency
Associated Press via Yahoo News· 1 year agoNigeria's push to replace its paper money with newly designed currency notes has created a shortage...
Nigeria's central bank made critical mistakes that doomed the country's currency redesign
The Conversation via Yahoo News· 1 year agoPeople queue outside a bank in Lagos on February 22, 2023. Nigeria was hit with a scarcity of cash...
Why Nigerians Aren't Turning to the eNaira Despite Crippling Cash Shortages
CoinDesk via Yahoo Finance· 1 year agoNigeria is struggling with severe cash shortages, with riots erupting across the country just days...
Nigeria's central bank chief arrested after being suspended by president
AP Finance via Yahoo Finance· 1 year agoABUJA, Nigeria (AP) — Nigeria’s central bank chief has been arrested hours after being suspended...
Nigeria awaits a Supreme Court determining whether old naira banknotes should remain legal tender...
Quartz via Yahoo Finance· 1 year agoA cash shortage resulting from a rushed redesign of Nigeria’s main banknotes led several states to...
Bola Tinubu is the new president of Nigeria
Quartz via Yahoo Finance· 1 year agoAfter four days of vote tallying, Nigeria has a new president in Bola Tinubu—the All Progressive Congress party candidate who campaigned on the slogan...
Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries
CoinDesk via Yahoo Finance· 1 year agoIn Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further...
Experts raise concerns as Nigeria limits cash withdrawals
Associated Press via Yahoo News· 2 years agoExperts on Wednesday raised concerns over a new policy announced by the Central Bank of Nigeria that...
What Will 2023 Bring for CBDCs?
CoinDesk via Yahoo Finance· 1 year agoSince 2021, many governments have been ramping up their central bank digital currency (CBDC) efforts. Moving from deliberation to the experimentation...