I wonder a lot how on earth a nation that claims to have her currency in naira and kobo do not actually have certain naira denominations and no kobo denomination physically at all!
Now if you are in Nigeria and have a bank account in the country, check your bank balances. You will most often notice the kobos included as your bank balance. Now answer this question, 'do you think you could ever be able to withdraw up the kobos staring you in the face in your bank statement as part of your balance? Your answer is as good as mine. So I ask again, where is our kobo?....

For more click here [http://jaawpreneur..com/2020/06/naira-and-kobo-where-is-our-kobo-and.html]

Jaawpreneur:
I wonder a lot how on earth a nation that claims to have her currency in naira and kobo do not actually have certain naira denominations and no kobo denomination physically at all!
Now if you are in Nigeria and have a bank account in the country, check your bank balances. You will most often notice the kobos included as your bank balance. Now answer this question, 'do you think you could ever be able to withdraw up the kobos staring you in the face in your bank statement as part of your balance? Your answer is as good as mine. So I ask again, where is our kobo?....

For more click here [http://jaawpreneur..com/2020/06/naira-and-kobo-where-is-our-kobo-and.html]

They do steal in kobo's

Thanks for your response dear Chicent. The motive is not always to steal. However, the idea here is that due to the fading away or should I say extinction of the small denominations of our currency, customers lose money. Cheers!