Categories: News

Naira Scarcity: Protest Breaks Out In Rivers State [Videos]

As a result of naira scarcity, protests have broken out in the Diobu and Mile 1 areas of Port Harcourt, the Rivers State capital.

Naira Scarcity Causes Protest In Rivers State

Banks, according to reports, are being set ablaze with people out on the roads protesting the new naira redesign.

From the pictures and videos, angry protesters are seen setting banks on fire, and burning tyres on the roads while weapon-wielding men are seen on the streets of the state protesting.

Residents living in that area have been advised to stay indoors due to gunshots being heard.

Meanwhile, Kanyi Daily reported that a similar protest has broken out in Benin City, Edo State a few weeks ago over the economic hardship in the country.

[irp]

Richard Anyebe

Richard Anyebe is a senior reporter at Kanyi Daily News covering all things politics and trending human interest stories. He is based in Abuja. Contact this reporter at info@kanyidaily.com

Recent Posts

Nigerian startups raise $635 million in nine months

LAGOS, Nigeria — Nigerian startups raised $635 million in the first nine months of 2026,…

4 hours ago

Neveah repays ₦23.33 billion in commercial paper

LAGOS, Nigeria — Neveah Limited has redeemed five series of commercial paper with a combined…

8 hours ago

Access Holdings nine-month pre-tax profit up 8.29%

LAGOS, Nigeria — Access Holdings Plc reported a pre-tax profit of ₦667.36 billion for the…

11 hours ago

All-Share Index nears 255,000 as indicators overheat

LAGOS, Nigeria — The Nigerian equities market is approaching resistance near the 255,000 level as…

11 hours ago

Federal Government hands five electric buses to Kano

KANO, Nigeria — The Federal Government has handed five electric buses to two transport operators…

1 day ago

Binance restores withdrawals in phases after hack

LAGOS, Nigeria — Binance, the world’s largest cryptocurrency exchange, has begun restoring withdrawals in phases…

1 day ago