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Naira scarcity

14 Articles
News

Naira Scarcity Returns After CBN’s Enough Cash Promise

Emerging reports suggested that there has been a return of naira scarcity that rocked the country in late February 2023. It was learnt...

Metro

Naira Notes: 2 Feared Dead as Residents Protest in Edo

Benin, the Edo state capital has been shut down by simultaneous protests against the non-availability of new naira notes. The protest follows the...

FG Fines POS Operators N1m Over Illegal Pricing
BusinessNews

ATMs Withhold Cash, POS Operators Double Charges as Naira Scarcity Bites

Automated Teller Machines (ATM) in various cities across the country have ceased to dispense cash to customers as scarcity of the Naira gradually...

News

BREAKING: CBN Authorizes Use of Old Naira Notes

The Central Bank of Nigeria, CBN, has reportedly authorized the use of old naira notes for commercial banks and Nigerians. This authorization was...

News

Naira Scarcity: FG to Sanctions Fuel Marketers Rejecting POS, Transfers

The Federal Government, on Thursday, commenced the deployment of security agencies to filling stations across the country to enforce the use of Point...

Politics

Ganduje Tags Naira Policy ‘COVID-23’

Governor Umar Abdullahi Ganduje of Kano State has tagged the cashless policy of the Central Bank of Nigeria, CBN, as COVID-23. This was...

Metro

VIDEO: ‘No Money, No Voting,’ Women Protest Naira Scarcity in Edo

Angry women in Edo state on Wednesday took to the streets of Benin to protest against the ongoing scarcity of Naira notes in...

Metro

Protesters Set Banks Ablaze in Rivers Over Naira Scarcity

Protest in the early hours of Friday broke out in the Diobu and Mile 1 areas of Port Harcourt, Rivers state. The Punch...

News

Why Naira Is Scarce – CBN

The Central Bank of Nigeria (CBN) has disclosed why there’s an issue of naira scarcity in the nation. CBN attributed it to individuals...

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