- Collapsing bank structures and incomplete transactions are reasons Nigerians are looking for better alternatives
- The current cash scarcity has revealed how weak and unready banks are to go entirely cashless
- Frustrated Nigerians have lined up what they say are better options for saving their money in the banks
Following moves by the Central Bank of Nigeria (CBN) to swap old naira notes for new ones and its February 10, 2023, deadline, many banks in the country are at their wit’s end due to the volume of hiccups in transactions.
Reports of glitches from banking platforms have left many in Nigeria exasperated, frustrated, and yearning for better alternative savings platforms.