Nigeria launched newly designed currency notes, a move that the West African nation's central bank says will help curb inflation and money laundering.
In this photo released by the Nigeria State House, Nigeria's central bank governor, Godwin Emefile, left, presents the newly designed currency notes to Nigeria's President Muhammadu Buhari, right, during a launch in Abuja, Nigeria, Tuesday, Nov. 22, 2022. Nigeria has unveiled newly designed currency notes that the West African nation’s central bank says will help curb inflation and money laundering.
ABUJA, Nigeria — Nigeria on Wednesday launched newly designed currency notes, a move that the West African nation’s central bank says will help curb inflation and money laundering. Experts, however, are skeptical about such results in a country that has battled chronic corruption for decades, with government officials known to loot public funds that has caused more hardship for the many struggling with poverty.
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