Nigerians will have to wait for more time for the  Central Bank of Nigeria (CBN) to meet the high demand for the new N200, N500, and N1000 notes, according to reports. This is because the Nigerian Security Printing and Minting Plc (The Mint), which is saddled with the task of printing the money, lacks the immediate capacity to meet expectations. …

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele stated on Tuesday that banks are to blame for the scarcity of new naira notes. He said some of them have not complied with a directive to only load the new notes on Automatic Teller Machines (ATMs), but have instead been handing out bundles to individuals who spray them …