The scarcity of cash in circulation has made the weekly usage of Automated Teller Machines to drop from …
Naira Scarcity
Point of Sale (PoS) service providers across Nigeria are implementing over 50% fee hikes for cash deposits and …
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CBN says counterfeit notes in circulation as naira scarcity persists
by Ikenna NgereThe Central Bank of Nigeria, on Friday, said its attention had been drawn to the circulation of counterfeit …
Despite recent assurances by the Central Bank of Nigeria that there is enough naira in circulation, reports of …
The persistent cash crunch occasioned by the Central Bank of Nigeria’s policy on the naira redesign and cash …
The February Purchasing Managers’ Index data released by Stanbic IBTC Bank indicated that the shortage of cash across …
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Naira scarcity: Bank attackers will be treated as robbers – Police
by Ikenna NgereThe Nigeria Police Force has warned against attacks on banks while noting that attackers will be treated as …
The Manufacturers Association of Nigeria has said that the current scarcity of naira notes has negatively impacted business …
Over 50 per cent of Point of Sale operators have closed their shops as scarcity of new and …
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Naira Note Scarcity: What People Are Saying & How to Survive The Current Situation
by Harry ChomsNigerians have continued to lament the inability to obtain new naira notes. Citizens of the country, including civilians, …