Tag Archives: Naira Hording

Naira Hoarding: Investigation Uncovers Corruption and Mismanagement Behind Ongoing Naira Scarcity in Nigeria

Naira Hoarding: Investigation Uncovers Corruption and Mismanagement Behind Ongoing Naira Scarcity in Nigeria

Secret Reporters The ongoing scarcity of the Nigerian naira note has created significant hardship for the population, particularly in the capital city of Abuja. Despite recent efforts by the Central Bank of Nigeria (CBN) to alleviate the shortage, the problem persists, leading to prolonged queues, bank closures, and corrupt practices …

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