Issued on: 16/02/2023 -
01:47© france 24
Nigeria's central bank is continuing its push to update the country's currency, but a shortage has led to a cash crisis. With ATMs short of notes and some businesses refusing to accept old-style bills, frustration is running deep. In Wednesday people protested the move by blocking streets and burning tyres. The protests come just as inflation picked up again in January - hitting almost 22%. FRANCE 24's correspondent in Lagos Sam Olukoya tells us more.
Nigeria's central bank is continuing its push to update the country's currency, but a shortage has led to a cash crisis. With ATMs short of notes and some businesses refusing to accept old-style bills, frustration is running deep. In Wednesday people protested the move by blocking streets and burning tyres. The protests come just as inflation picked up again in January - hitting almost 22%. FRANCE 24's correspondent in Lagos Sam Olukoya tells us more.
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