New Nigeria currency

The high court ruling temporarily delayed the deadline to use a new printed form of the naira, Nigeria's currency.

He also said that presidential candidate of the All Progressives Congress (APC) Bola Tinbu intends to regulate and formalize the crypro-currencies in the country. Nigerians are some of the world’s most avid users of crypto-currencies. Notably, though some 1.9 trillion naira (roughly 4 billion) of the old notes have been taken from circulation. Friday had been the deadline for the old notes to be exchanged. Not so in Nigeria where Godwin Emefiele, who has been central bank president since 2014. There are clear signs that the currency flap was a political maneuver to destabilize the country ahead of elections in which the ruling All Progressive Congress (APC) faces a tough test.