Could this possibly be targeted at corrupt politicians, fraudsters and others with questionable wealth that exist outside the banking system? Could it be a move aimed at sniffing out staches of naira buried deep in people's underground tanks, garages etc? or is it just another tool for financial inclusion, control of inflation? If this information truly holds water, what does it portend for our financial system already bugged down by liquidity crises etc, These and many more were the thoughts racing through my mind.Please leave your comments and let us thrash this issue out.
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Thursday, 17 September 2015
REBRANDING OF NAIRA IMMINENT?
Could this possibly be targeted at corrupt politicians, fraudsters and others with questionable wealth that exist outside the banking system? Could it be a move aimed at sniffing out staches of naira buried deep in people's underground tanks, garages etc? or is it just another tool for financial inclusion, control of inflation? If this information truly holds water, what does it portend for our financial system already bugged down by liquidity crises etc, These and many more were the thoughts racing through my mind.Please leave your comments and let us thrash this issue out.
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