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Home Currency News

Nigeria drops plans for currency swap amid chaos and cash shortages

currencycoach by currencycoach
February 9, 2023
in Currency News
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Nigeria drops plans for currency swap amid chaos and cash shortages
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Nigeria’s supreme court has put the brakes on government plans to drop old banknotes out of circulation from Friday. Nigerians were due to turn in old denominations of the currency in order to make way for new ones but the swap has caused chaotic scenes at banks, cash shortages and protests.



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Tags: cashchaosCurrencydropsNigeriaplansShortagesSwap
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