- The Nigerian banking system has been hit with a cash crunch which left customers stranded
- Many of the banks reported running out of the new naira notes and could not load their ATMs
- The CBN said there is enough of the new naira notes to go around, insisting on January 31, 2023 deadline
The so-called cashless drive of the Central Bank of Nigeria (CBN) came to a head on Wednesday, January 25, 2023, when many Nigerians could not access cash from any bank or ATM.
The Nigerian banking system was hit with a massive cash crunch which left many Nigerians stranded and running from one bank ATM to another.
