The protests in Ibadan, 130 km north of Lagos, were the latest in Africa’s most populous nation over the central bank’s push to replace old naira notes with redesigned new ones.
Oyo State police said protests broke out in some parts of Ibadan, the state capital, early Wednesday, but were soon brought under control. “Major roads were blocked while banks, shops and other businesses were shut,” local journalist Remi Feyisipo told AFP. Many people working in the informal economy and in transport in Nigeria use cash for transactions rather than banking apps.
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