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cash shortage

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 […]

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Recent Posts
  • OIC Foreign Ministers Endorse Morocco’s Atlantic, Sahel Initiatives in Support of Africa
  • Crown Prince Presides Over Mohammed VI Grand Prix Awarding Ceremony at Morocco Royal Tour Finale
  • Ex-Senegal president Macky Sall withdraws as candidate for UN leader
  • Ministers’ Council, Chaired by King Mohammed VI, Discusses 2027 Finance Bill that Prioritizes Purchasing Power, Social Protection
  • Morocco’s Economy: IMF Expects a 4.5% Growth in 2026, 4.2% in 2027
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