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Nigeria’s President Buhari Approves Use of Old ₦200 Notes as Legal Tender Amidst Cash Scarcity

In a bid to alleviate the supply strain on Nigerians, President Muhammadu Buhari has authorized the usage of old ₦200 notes as legal tender until April 10, 2023. During a national broadcast on Thursday morning, the president disclosed that he had granted the Central Bank of Nigeria (CBN) approval to allow the old ₦200 banknotes …

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Cash Scarcity Sparks Serious Protest at Ring Road by Central Bank of Nigeria Benin.

Central Bank of Nigeria in Benin due to the recent scarcity of cash in the region. The protest has caused traffic congestion in the area and attracted a significant number of participants. According to sources, the protesters are expressing their dissatisfaction with the bank’s handling of the cash shortage, which has caused significant inconvenience to …

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