Cash scarcity

Cash Scarcity: Old ₦1000, ₦500, ₦200 Notes Still Valid – CBN

The Central Bank of Nigeria (CBN) has reassured that the old ₦1,000, ₦500 and ₦200 naira banknotes currently in circulation are still valid as legal tender across the country. The CBN in a statement by acting Director, Corporate Communications, Sidi Hakama Ali,

December 14, 2024

Finance & Economy

Reps Investigate Cash Crunch As Economic Hardship Worsens

As the festive season approaches, Nigeria’s House of Representatives has set out to investigate the cause of the cash crunch in commercial banks across the country. The House expressed concern over the impact on citizens and businesses. This followed a motion of

December 10, 2024

Business

Cash Scarcity: CBN, Banks, PoS Operators Trade Blame

The Central Bank of Nigeria (CBN), bank managers, and point of sale (POS) operators have continued to banter blame as the cash crunch continues to grow. With what happened in Nigeria during the naira redesign exercise of late 2022, before the general

November 27, 2024

Opinion

Cash Scarcity: What’s CBN Hiding From Nigerians?

With the passage of time and events, we may not have to argue this anymore: Nigeria’s cash crises of late 2022 and early 2023 had serious effects on the living and the dead, even the unborn. The current situation, with reports of

November 18, 2024

Banks Struggle With New Naira Notes On ATMs

Business·Currency

Cash Scarcity Is Human Rights Abuse, May Spark Revolution In Nigeria – CBN Warned

The Human Rights Writers Association of Nigeria (HURIWA) on Tuesday accused the Central Bank of Nigeria (CBN) of serial human rights violations through its deliberate and systemic failure to ensure the supply to deposit banks of adequate volumes of Naira notes to

December 5, 2023

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Cash Scarcity: Old ₦1000, ₦500, ₦200 Notes Still Valid – CBN

Reps Investigate Cash Crunch As Economic Hardship Worsens

Cash Scarcity: CBN, Banks, PoS Operators Trade Blame

Cash Scarcity: What’s CBN Hiding From Nigerians?

Cash Scarcity Is Human Rights Abuse, May Spark Revolution In Nigeria – CBN Warned

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