Malik Ado-Ibrahim, presidential candidate of the Young Progressives Party (YPP), says the naira redesign policy of the Central Bank of Nigeria (CBN) is a 'great idea' but 'poorly executed'.
Malik Ado-Ibrahim, presidential candidate of the Yo
“It is badly executed — a great idea. Execution is everything. It looks too political and in that, you don’t give confidence to the people,” he said. “The Nigerian currency on the West African coast is the major currency after the dollar and euro. We are the third. “Now our people are trading in CFA. Nigerian currency has dominated the West African business community for decades.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CBN working to prevent chaos over distribution of new naira notes, says Buhari | TheCablePresident Muhammadu Buhari says efforts are ongoing to ensure improved distribution of the new naira notes.
Read more »
'Innocent people facing hardship' -- ACF asks CBN to extend deadline on old naira notes | TheCableThe Arewa Consultative Forum and the Arewa Youths for Development and National Unity have called on the CBN to extend the January 31 deadline for the validity of old naira notes.
Read more »
Deadline for old naira notes remains Jan 31, says CBN | TheCableThe Central Bank of Nigeria (CBN) has insisted that the deadline for the old naira notes to remain valid is January 31. The CBN said this in posts on its
Read more »
Tinubu and ghosts of fuel scarcity, new naira notes | TheCableIn a piece I wrote entitled A O M’erin J’oba At Tinubu’s Colloquium (April 1, 2018) I warned that the man who has now become the presidential candidate of the All
Read more »
CBN extends deadline for old naira notes to Feb 10 | TheCableThe Central Bank of Nigeria (CBN) has finally extended the deadline for the swap of old naira notes at commercial banks by 10 days. In a press statement issued on
Read more »