Abuse Naira Currency; Go To Jail For Six Months – CBN
The Central Bank of Nigeria has launched a nationwide campaign against naira abuse, beginning at the Abuja International Trade Fair. The Bank says abusing the naira , whether spraying at parties or mutilating in markets , weakens confidence, shortens the lifespan of notes, and costs the nation billions in reprints. Under the CBN Act, offenders […]
‘E go better, E go better’, it’s getting worse—Basketmouth
In a recent interview with the African Muzik Magazine Awards (AFRIMMA), comedian Basketmouth voiced his concerns over rising inflation and the depreciation of the naira, which he said has significantly impacted Nigerians’ daily lives. He reflected on the currency’s history, stating, “There’s nothing that can happen, quote me anywhere. Think about it, in 1970, the […]