In this video, Nigeria’s Central Bank Governor, Godwin Emefiele, announced the extension of deadline for the use old 200, 500, and 1000 notes which it released new versions of in November.

He also announced plans of the bank to ensure the smooth circulation of the new notes as well as collaboration with anti-graft agencies to bring defaulters in the system of the circulation of the new notes to book.

In this video, Kenya’s Trade Cabinet Secretary, Moses Kuria, speaks on the challenges of the shortage of foreign exchange the economy of the East African country faces largely out of a decrease in the demands for the country’s top products from which it earns foreign exchange.

The currency crisis is however not peculiar to Kenya alone, most African nations lack a robust commodities export base making them vulnerable to economic shocks.