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Business

Cash still scarce as banks await CBN supply

Nigerians who believed that cash crunch had ended following the directive from the Central Bank of Nigeria (CBN) remained disappointed on Tuesday and the...
Business

Banks pay customers in old naira notes, but scarcity persists

Nigerian banks have started paying customers with old naira notes over the counter and via Automatic Teller Machines (ATM) prompting a sense of relief...
Business

Naira Scarcity: LASG to sanction any business refusing old naira notes

Sanwo-Olu, in a statement on Monday, directed residents to go ahead and have transactions with the old Naira notes. NEWSDIARY: Read More
Business

Ten Nigerian banks lose over N87bn in one week amid naira scarcity

Ten commercial banks in Nigeria have lost N87.4 billion in market value within a week of trading activities (March 2nd, 2023 to March 10th,...
Business

Stanbic IBTC’s report shows how naira scarcity affects private sector in Nigeria

The Stanbic IBTC has revealed how the scarcity of naira notes arising from the currency redesign by the Central Bank of Nigeria (CBN) crippled...
Business

Naira scarcity: Commercial sex workers count losses, decry low patronage

Some commercial sex workers in the Federal Capital Territory (FCT), have decried low patronage in their business due to the scarcity of Naira notes.Some...
Business

Naira scarcity: FCT commercial drivers increase fares

Many commercial drivers in the Federal Capital Territory (FCT) have increased the cost of transportation amidst the persistent scarcity of new naira notes.The News...
News

Protesters block Ore-Benin expressway over naira scarcity

Some residents of Ore in Odigbo Local Government Area of Ondo State on Friday blocked the busy Ore-Benin expressway to register their displeasure over...
Politics

Naira scarcity: No need for violence, case already in court, Sanwo-Olu appeals for calm.

Gbenga Omotoso, the state commissioner for information who conveyed the governor’s message in a statement on Friday, noted that he emphasized that there is...
Politics

Naira scarcity plot hatched in 2022, designed to foist interim govt on Nigeria – El-Rufai

The Kaduna State Governor, Nasir El-Rufai, on Thursday alleged that the current naira and fuel scarcity was a plot by some individuals to foist...
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