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banknote

Money circulating in Mozambique increased by more than 10% at the end of the year

January 16, 2024 Steven Addamah 0

Physical money circulating in Mozambique increased by 10.6% in the space of a month, closing December 2023 at 78,270 million meticais (1,117 million euros), according […]

Nigeria: Supreme Court extends validity of old naira bills

March 6, 2023 Steven Addamah 0

The Supreme Court on Friday extended the validity of old banknotes in Nigeria, invalidating a government directive that has been causing a severe cash shortage […]

Nigerian president to keep small denominations of the old naira in circulation

February 17, 2023 Geraldine Boechat 0

Nigerian President Muhammadu Buhari on Thursday ordered the continued circulation of low-denomination banknotes, recently replaced by new ones, in order to limit the cash shortage […]

Shortage of banknotes in Nigeria: new protests in Ibadan

February 16, 2023 Steven Addamah 0

Angry crowds burned tires and blocked roads in Ibadan, a major city in southwestern Nigeria, on Wednesday to protest a shortage of banknotes that is […]

Banknote shortage in Nigeria: riots break out in the South West

February 8, 2023 Khalid Al Mouahidi 0

Abeokuta, in southwestern Nigeria, was the scene of scuffles between protesters and police on Tuesday, when a crowd of angry youths attacked a bank facing […]

Nigeria’s banknote shortage: Central Bank seeks to quell anger before presidential election

February 3, 2023 Geraldine Boechat 0

The Central Bank of Nigeria (CBN) on Thursday announced the distribution of new banknotes at bank counters to reduce massive queues in front of ATMs, […]

Sudan’s central bank to print 100-pound banknotes as inflation worsens

October 2, 2018 Steven Addamah 0

Sudan’s central bank will start printing 100-pound banknotes for the first time as it struggles to deal with a liquidity crisis and rampant inflation. The […]

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