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      Botswana to host Africa Youth games

      Botswana to host Africa Youth games

      Less Rewards for The Mares after Historic WAFCON Feat

      Mares eye TotalEnergies Women Africa Cup of Nations qualification

      No House For Tebogo Despite Astral Performance in Budapest

      BNOC Leaves BAA on The Dark Regarding Paris Olympics Preps

      Botswana is using Women’s COSAFA for Development – Coach

      Mares buoyant despite Olympic qualifier setback

      P3m needed for sports awards

      School Sports Likely to Make a Comeback Next Year

      No House For Tebogo Despite Astral Performance in Budapest

      Eminent Sports Scientist Urges Botswana to Prioritise Development Over Prestige

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      Nigeria expects at least US$4.3bn of cash to return to banks

      mm by RMB Africa Research
      January 26, 2023
      in News
      Reading Time: 1 min read
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      The Central Bank of Nigeria is expecting at least N2trn (US$4.3bn) of cash to return to banks by 31 January, when the deadline to replace high-value currency notes ends.

      According to Governor Emefiele, residents exchanged as much as N1.5trn in old notes last week, and the CBN hopes to “move closer to N2trn this week.” Emefiele added that people who do not exchange these notes by 31 January will have “useless” cash in their hands. That may not happen if the central bank accedes to Nigerian lawmakers’ request, made on Tuesday, for the deadline to be extended to July. Nigeria started issuing redesigned N200, N500 and N1000 notes in mid-December to mop up excess cash liquidity and take control of the money supply.

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