Nigerian President Promises to Revisit Naira Redesign Policy 

President Bola Ahmed Tinubu says that the naira redesign policy by the Central Bank of Nigeria would be reviewed. <br />The president says the currency swap was too harshly applied by the CBN given the number of unbanked Nigerians. <br />President Tinubu further stated that while the policy is being reviewed, his administration will in the meantime, treat both currencies as legal tender. <br />He also noted that Nigeria’s monetary policy needs a thorough housecleaning. <br />The president further asserted that interest rates need to be reduced to increase investment and consumer purchasing in ways that sustain the economy at a higher level.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>