Were The Missing Currency Have Any Effects On Nigerian Economy? - Business - Nairaland
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| Were The Missing Currency Have Any Effects On Nigerian Economy? by oyinkinola: 10:54pm On Aug 19, 2016 |
According to CBN 50kobo, ₦1, ₦2 are still in circulation but the reality is that they were not, are they have any effect on the economy? ₦1 which is Nigeria monetary symbol trade with other world money is not in circulation, what this means economically? these missing currency didn't put pressure on ₦5 the smallest denomination in the market? lack of these currency lead to cheating btw seller and buyer because of no change does this have anything to do with inflation?
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