The scarcity of N100 notes in Nigeria is causing headaches for small business owners and consumers, disrupting daily transactions and fuelling frustration across the country.
Traders, transport operators, and point-of-sale (POS) agents across Nigeria told PREMIUM TIMES how the dwindling availability of the lower denomination challenges their ability to operate smoothly.
Many respondents accused commercial banks of hoarding the scarce currency, while others speculate that the Central Bank of Nigeria (CBN) has slowed down the printing of these notes.
