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Business

CBN Reveals Why Cash Is Scarce In Some Parts Of Nigeria, Warns Against Panic Withdrawals

The Central Bank of Nigeria has explained that the scarcity of cash in some parts of the country is due to high volume withdrawals...
Business

Easter: FCT residents thank God for surviving cash crunch

Some residents of the Federal Capital Territory (FCT) have used the occasion of  Easter to thank God for surviving the cash crunch caused by...
Business

Cash crunch: Queues gradually disappear as bank ATMs dispense cash in Kano 

Long queues at banks in Kano metropolis is disappearing gradually following the injection of more banknotes by the Central Bank of Nigeria (CBN) into...
Business

Naira Scarcity: Poultry Farmers From Jos, Other States Move To Abuja To Sell Eggs At 50% Discount

Poultry farmers in Nigeria have slashed the prices of eggs by half as the country’s cash scarcity has led to low patronage for their...
Business

CBN confirms evacuation of banknotes to DMBs

…Directs Banks to open their branches on Saturday and Sunday…CBN Gov to monitor compliance personally NEWSDIARY: Read More
Business

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...
Business

NLC gives FG 7-day ultimatum to address cash crunch

Nigeria Labour Congress, NLC, plans to order workers to sit at home if in seven days the Federal Government fails to address current cash...

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