Category: News


“Since The Three Coin Denominations Of 50 Kobo, One Kobo And 10 Kobo Have Lost Their Values Due To Inflation, The Conversion Of Lower Currency Notes To Coins Will Facilitate Retail Transactions In The Economy, Like We Have In Developed Countries,” Says Senator As Nigerian Senate Wants Lower Naira Notes Changed To Coins

The Nigerian Senate is asking the Central Bank of Nigeria to change ‘lower naira notes’ to coins. The Central Bank of Nigeria should convert the country’s lower currency notes into coins to facilitate “highly...