Naira Redesign: IMF calls for caution

The International Monetary Fund (IMF) has asked the Central Bank of Nigeria (CBN) to apply caution in its bid to redesign the naira to curb inflation. 

This was disclosed on Friday by IMF’s resident representative in Nigeria Ari Aisen, during an interview with Bloomberg. 

Recall that the CBN said it was redesigning the naira notes to curb excess currency circulation and…

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