Fiscal year.Five ofNigeria's airports (Lagos, Kano, Port Harcourt, Enugu and Abuja) currently fly to international destinations. The new national airline, "Nigeria Air", was scheduled to start operations in mid-2022. It was suspended indefinitely in 2024.[136]. Nigeria made history as the last nation to do away with the £sd currency system when it disbursed theNaira on January 1, 1973. Thenaira was used in place of the pound at a rate of one pound to two naira. Like many nations, Nigeria has experienced economic shocks from beyond its shores in recent years, but there are also issues specific to the country, partly driven by the reforms introduced by President Bola Tinubu when he took office last May. How bad is the economy? The Nation Newspaper - Nigerian News, Nigerian newspapers, Breaking News, Latest news, Entertainment, Sports, Business, Politics and more. Nigeria'scurrency redesign is causing problems - YouTube. NigeriaCurrency Market Faces Mounting Pressure as Inflation Persists. Home page of the Central Bank ofNigeria's website. Nigeria's Macro Indicators, foreign exchange details, inflation rate, CBN's latest news, documents and publications can be found here. Nairacurrency explained, new Naira notes, five Naira history, Nigeriacurrency value, importance of Naira, Nigeriancurrency facts, five Naira and economic impact, understanding Naira denominations, five towns in Nigeria, Naira and its brothers. The total value of capital importation into Nigeria in the first quarter of 2022 stood at US$1,573.14 million from US$2,187.63 million in the preceding quarter showing a decrease of 28.09%.