Money is an economic unit that function as a medium exchange for transactional purposes in an economy.
Money is as important as air and water to any economy, but as important as it is you need to be very careful how you manufacture it.
The naira was introduced on 1 January 1973, replacing the pound at a rate of 2 naira = 1 pound.
Naira notes and coins are printed by the Nigeria security and minting ( NSPM) plc. It is located in both Abuja and Lagos and is majority owned by the government of Nigeria.
So. Here in this article I will take you through what might have been running through your mind for a while now on why Nigeria cannot print money to settle her debt.
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