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Nigeria: Unrest over cash shortages

Police have been deployed to parts of Nigeria’s commercial capital Lagos, as unrest continues with people struggling to get hold of new Naira banknotes.

Police have been deployed to parts of Nigeria’s commercial capital Lagos, as unrest continues with people struggling to get hold of new Naira banknotes. There have been long queues at many banks, as people attempt to exchange old notes for new currency. The situation prompted President Muhammadu Buhari to extend the deadline for handing in old banknotes by 60 days on Thursday.

Plus, South Africa has begun conducting joint naval drills with China and Russia. The exercises follow the visit of Russian foreign minister Sergei Lavrov to Pretoria last month, and come as NATO powers are putting pressure on African countries to cut ties with Russia over the invasion of Ukraine.

And with just over a week to go until Nigerians head to the polls to pick their next leader, our Resident Presidents offer their predictions for how the elections will unfold.

(Photo: People queue to withdraw new Naira notes in Lagos; Credit: Getty Images)

23 minutes

Last on

Fri 17 Feb 2023 15:06GMT

Broadcast

  • Fri 17 Feb 2023 15:06GMT

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