
Nigerian New Notes: CBN Led By Emefiele Is Bereft Of Ideas
Nigeria’s apex Bank, the Central Bank of Nigeria (CBN), got Nigerians reacting to the samples of the new designs of higher denomination currency notes just a few days ago. The decision to redesign these currencies was earlier announced amid mixed feelings from Nigerians who wanted more from a Central Bank that has supervised the eroding of the value of their beloved Naira.
The big question that has been left unanswered, however, is how the new currencies will manage to reverse Nigeria’s fast-paced journey to economic abyss.
The announcement by the Governor of the CBN, Godwin Emefiele attracted controversies from experts, …