Despite CBN order on old Naira notes, cash crunch persists in Ebonyi

The cash crunch has continued to bite harder on residents of Abakaliki, Ebonyi capital, despite the Central Bank order for citizens to accept the old currencies of N500 and N1,000 as legal tender.

The News Agency of Nigeria (NAN) reports that most banks in the city have started to dispense the currencies but citizens are yet to accept them.