ATM usage drops to 40% over naira scarcity – KPMG
The scarcity of cash in circulation has made the weekly usage of Automated Teller Machines to drop from 70 per ...
Tuesday, November 5, 2024
Tag: Naira Scarcity
POS Operators Increase Charges Over 50% Amid Escalating Naira Scarcity
Point of Sale (PoS) service providers across Nigeria are implementing over 50% fee hikes for cash deposits and withdrawals, attributing ...
CBN says counterfeit notes in circulation as naira scarcity persists
The Central Bank of Nigeria, on Friday, said its attention had been drawn to the circulation of counterfeit banknotes. The ...
Fresh Naira scarcity hits Kano, Sokoto, Edo, others
Despite recent assurances by the Central Bank of Nigeria that there is enough naira in circulation, reports of scarcity have ...
Real estate experts worry over continued naira scarcity
The persistent cash crunch occasioned by the Central Bank of Nigeria’s policy on the naira redesign and cash withdrawal limit ...
Naira scarcity may affect private business in Q1 – Report
The February Purchasing Managers’ Index data released by Stanbic IBTC Bank indicated that the shortage of cash across the country ...
Naira scarcity: Bank attackers will be treated as robbers – Police
The Nigeria Police Force has warned against attacks on banks while noting that attackers will be treated as armed robbers. ...
Naira scarcity disrupting flow of goods, manufacturers lament
The Manufacturers Association of Nigeria has said that the current scarcity of naira notes has negatively impacted business activities by ...
50% PoS operators close shops over naira scarcity
Over 50 per cent of Point of Sale operators have closed their shops as scarcity of new and old naira ...
Naira Note Scarcity: What People Are Saying & How to Survive The Current Situation
Nigerians have continued to lament the inability to obtain new naira notes. Citizens of the country, including civilians, public figures, ...
