In Nigeria, over N3.41 trillion, or 92% of all currency, is held outside the banking system, severely disrupting monetary policy and economic stability.
Senate President Godswill Akpabio highlights Nigeria's struggle with past economic policies and the government's indecision on charges against former CBN Governor Emefiele, calling for national patience.
Nigeria is facing a heightened risk of river flooding as the rainy season reaches its peak. The Federal Government is urging states and local governments to take preventative measures to avoid potential disasters.