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Nigeria economy: Currency redesign leads to cash shortages

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Nigeria's informal economy is struggling because there is not enough cash.
A redesign of the local currency, as well as a recall of old banknotes, is being blamed.
Nearly half the population does not have a bank account.

Al Jazeera’s Ahmed Idris reports from Kano, Nigeria.

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#Nigeria #NigeriaCashCrisis #NigerianEconomy #NigerianCurrency #NigeriaNewCurrency #NigeriaCashCrunch #Naira #AlJazeeraEnglish
Category
World
Tags
Al Jazeera, Al Jazeera English, Nigeria
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