True
Earnings
Feed
Sessions
CareerHub
NEW
Post insight
About
Sponsor a Session
FAQs
Contact
Terms of Use and Privacy Policy
Login
Create account
Earnings
NEW
How to earn on TwoCents
Rankings
CareerHub
NEW
Feed
Sessions
Spaces
About
Contact
FAQs
Terms of Use
Login
Create account
580;
Hero James
Lagos, Nigeria
573
5586
45
23
In
Nigeria
•
1 min read
•
Jan 31, 2023 15:16p.m.
A Dysfunctional Masterpiece
Listen to this Insight
<span class="html-content"><p>Redesigning a country's currency has been in practice all over the world. With new and improved security features, redesigned currency makes forgery / counterfeiting less lucrative. </p><p>When old notes stay out for long, it gets defaced, hoarded and oftentimes, settles in the hands of black market traders or criminals who do illicit businesses because money is used as a store of value and a medium of exchange. </p><p>Nigeria through the Central Bank introduced her redesigned notes lately, but the whole process now looks like a dysfunctional masterpiece. </p><p>Mefi's new monetary policies didn't just bring businesses to a halt, it has also ended up paving way for hoarding by the big goons and street money racketeering. Without spending the old and new notes simultaneously till the old notes faces out, the citizens will be dealt with untold hardship due to hyper-inflation . </p><p>The policy has shown significant negative effects on economic activities especially on poor Nigerians due to its timing and short transition period. Nigerians are cash-strapped, inflation is on the rise. </p><p>With banks inconsistency in quality internet banking, Do you think Emefiele got it right?</p> </span>
A Dysfunctional Masterpiece
By
Hero James
Your browser does not support the audio element.
Play
0:00
/
0:00
Send tip
4
476
2
follow
Other insights from Hero James
Hero James
Lagos, Nigeria
In Health And Safety
In
Health, Safety and Environment
Health and safety policies are organizational regulations drawn fro...
Hero James
Lagos, Nigeria
Why Is Health And Safety Needed In The Workplace ?
In
Career and Jobs
Health and Safety compliance can never be overemphasized. Not ever...
Hero James
Lagos, Nigeria
Tell Your Story
In
People and Society
Growing up, I was lucky enough to have my grandma close by. She ...
Hero James
Lagos, Nigeria
International Health And Safety Policies You Should Know
In
Health, Safety and Environment
Recently I watched a driver risk his life by driving a burning truc...
Hero James
Lagos, Nigeria
Fire Safety
In
Health, Safety and Environment
While we have been experiencing flood at the moment in differen...
Hero James
Lagos, Nigeria
Ergonomics
In
Career and Jobs
Ergonomics is the science that deals with the fit between peopl...
Hero James
Lagos, Nigeria
Have You Heard Of Ergonomics?
In
Career and Jobs
Amaka lives in the busy city of Lagos and works 9-5pm in one of the...
Hero James
Lagos, Nigeria
Do Instincts Have Correlation With The Evolution Of Man?
In
People and Society
According to Agatha Christie, "Instinct is a marvelous thing. It ca...
Hero James
Lagos, Nigeria
Hse
In
Career and Jobs
Did you know that every worker has the right to refuse work if it i...
Hero James
Lagos, Nigeria
The Blighted Bone
In
People and Society
Ever seen young lads talk with so much enthusiasm about the fut...
Insights for you.
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Nigeria
The Land of Promise
Most people live their lives without seeing true beauty. Most Nigerians think they've seen it all because they've been to a few places. My dear com...
580 views
5 upvotes
1 comment
Mwambo Kate
COO @ Enchird Technolog...
Yaoundé, Cameroon
In Nigeria
Igbo-Ora
I once heard there's a town in Nigeria called "Igbo-Ora" and that it's considered the twins capital of the world, with 158 twins per 1000 new born...
466 views
4 upvotes
1 comment
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Nigeria
NIGERIA DECIDES
Today will go down in history as the day Nigerians decided to move forward. Or maybe not, because some people have suffered so long with pain and s...
430 views
2 upvotes
0 comments
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Nigeria
I had no shoes
Dear all, Yesterday I experienced the great walk toward freedom. In other words, I trekked until my legs started shaking. Oh yeah, with my shoes on...
409 views
4 upvotes
0 comments
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Nigeria
The Lines That Divide
It's no news that the 2023 elections in Nigeria are around the corner, and our politicians, some of whom are ambassadors of poverty, have started m...
392 views
2 upvotes
0 comments
Nse Obot
Writer. Teacher. Singer
Lagos, Nigeria
In Nigeria
A CASE FOR JANUARY.
The hype of December is the very sponsor of the dread of January. But upon closer examination, January is such an underrated darling. I mean, with ...
387 views
5 upvotes
3 comments
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Nigeria
Twilight
Sometimes things fall apart before they fall into place. In 2019, I was scarred for my life. I like to think of myself as a good judge of cha...
372 views
2 upvotes
0 comments
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Nigeria
"De Play, Just de Play"
Coughs...I came to rant responsibly, clears throat! So yeah, this would be a long post! I believe that every young person in Nigeria hears this ca...
366 views
1 upvote
0 comments
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Nigeria
Ówó dà (where is the money)
If you don't believe that the pen is mightier than the sword, then I urge you to come to Lagos. In Lagos, those with markers are more powerful ...
356 views
5 upvotes
0 comments
Samuel Ibok
Marketing Supervisor @ Crusader Sterling...
Lagos, Nigeria
In Nigeria
MY HOME FOR NOW!
I speak of a country called a giant One whose shoulders I won't stand on As its legs have become feeble I speak...
336 views
5 upvotes
1 comment
×
Comments
Share thread
Refresh
×
cancel
Home
Feed
Earnings
CareerHub
Menu
What is TwoCents?
×
×
Share the feed
×
Copy link
Twitter
Facebook
LinkedIn
Whatsapp
Share this post
×
Copy link
Twitter
Facebook
LinkedIn
Whatsapp
×
Insights
Views
Upvotes
Comments
Contributor score
WELCOME
TwoCents is a knowledge marketplace for Africans around the globe.
TWOCENTS
TwoCents offets you a unique opportunity to write and earn from your content.
COMPLETE YOUR PROFILE
Add your City, Bio, Phone Number, Occupation etc.
BUILD YOUR CONTRIBUTOR SCORE
Write insights, share in your network, build your score.
GET VERIFIED
Get a 100+ score, complete a 5-week streak, become verified.
TIPS
Get tipped for your free insights/content
SUBSCRIPTIONS
Receive subscriptions from your most loyal readers.
AD REVENUE
Get a share of what brands pay to advertise on your insight pages.
HELP GROW TWOCENTS
Read, tip and subscribe to content you find informative or interesting.
Q&A SESSIONS
Check out some Q&A sessions, drop a question, comment, share etc.
WELCOME TO THE COMMUNITY
Write. Share. Earn
Previous
Next
Close
Share this post
×
Copy link
Twitter
Facebook
LinkedIn
Whatsapp
Share this post
×
Copy link
Twitter
Facebook
LinkedIn
Whatsapp
Crop photo.
If "Crop" and "Cancel" buttons are not visible, scroll down.
×
The photo you are trying to upload is too large.
Please upload a photo smaller than 4MB.
×
The file you are trying to upload is not an image.
Please upload an image of the following types - PNG, JPEG, JPG, GIF, BMP
×
For best results, be as descriptive as possible. Please refrain from using explicit, obscene or hateful words.
Hyper-realistic
Turning on "Hyper-realistic" will generate hyper-real and dramatic images. Leaving it off will produce more natural, less hyper-real looking images.
Generate Image
Use Image
Clear Image
At least 800 characters — We recommend keeping your insights around 5000 characters, and breaking them into parts if they go over this limit. You can save your insights as drafts and they will update as you type. On the EDIT page, you can link this insight to a series, generate audio etc.
×
Login to share insight
×
Oops!
Looks like
isn't setup to receive tips.
Be sure to check back later!
Close
×
Oops!
Looks like you have not setup your account to send and receieve tips.
No worries!
Click here to add your card details
Be sure to contact us if you have any questions!
×
Let
know you love
their content by sending a tip!
Show support.
Support beyond an upvote, comment or share.
Help grow TwoCents.
Encouraging other writers ensures quality insights.
Send Online
Copy tip link
Close
×
Subscribe to
's
premium insights.
Go premium.
Choose between a monthly, quarterly or yearly subscription.
Help grow TwoCents.
Every subscription encourages the contributor and ensures quality insights.
Send Online
Copy sub link
Close
×
Oops!
Looks like
isn't setup to receive subscriptions.
Be sure to check back later!
Close
↑