RTD News: Massive Counterfeiting In Nigeria & Gresham’s Law

Mar 5, 2017 | News

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RTD News keeps you up to date on what’s happening around the globe. Information to help you become more Monetarily Aware.

News Articles:

1. Nigeria has 20% fake currency in Circulation – Ex-deputy CBN governor
http://dailypost.ng/2017/02/13/nigeria-20-fake-currency-circulation-ex-deputy-cbn-governor/

2. ‘Huge’ amount of ‘fake money’ in circulation in Nigeria, says ex-deputy governor
http://www.news24.com/Africa/News/huge-amount-of-fake-money-in-circulation-in-nigeria-says-ex-deputy-governor-20170214

3. NIGERIA’S CENTRAL BANK SLAMS ‘20 PERCENT FAKE CURRENCY’ CLAIMS
http://www.newsweek.com/nigeria-fake-currency-naira-557120

4. Less than 1% of Nigeria’s currency is fake – Central Bank
http://www.africanews.com/2017/02/15/less-than-1-percent-of-nigeria-s-currency-is-fake-central-bank//

5. Naira: How Nigeria’s Currency Became Worth Less
https://www.nigerianbulletin.com/threads/naira-how-nigerias-currency-became-worth-less.233824/

6. Nigeria naira firms above four-month high on black market
http://www.reuters.com/article/nigeria-currency-idUSL5N1GD30F

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