Naira scarcity: E-payment transactions up by 298% to N135trn in three months
The volume of electronic payment transactions increased year-on-year (YoY) by 298 percent to N135.52 trillion in the first quarter of ...
Tag: Naira scarcity
NLC: Cash in circulation still low, two-week ultimatum stands
The leadership of the Nigeria Labour Congress, NLC has said that the current cash flow in the country is not ...
Ngige backs naira redesign, says kidnappers now on strike, bandits on holiday
Dr. Chris Ngige, Minister of Labour and Employment, says that the naira redesign policy of the Central Bank of Nigeria ...
BREAKING: CBN directs banks to open weekends for cash withdrawal
Central Bank of Nigeria (CBN) has directed all commercial banks to open for operation on Saturdays and Sundays, as part ...
Naira scarcity: Businesses crumbling, commuters, others facing hard times
The continued naira scarcity in all parts of Nigeria has grounded countless small and medium businesses and pushed millions of ...
Naira swap: Arewa forum warns Buhari, says chaos, anarchy loom
The Arewa Consultative Forum (ACF) has expressed anger with President Muhammadu Buhari for allegedly disobeying Supreme Court judgment over naira ...
Naira scarcity: CBN mops up N2.09trn from circulation in 4 months
The Central Bank of Nigeria (CBN) has slashed currency in circulation from N3.29 trillion as of October 2022 to N1.38 ...
Election: Some people plotting to use naira scarcity to create civil unrest – NSA
Nigeria's National Security Adviser (NSA), Babagana Monguno, has said that there are plots to use the naira scarcity to cause ...
‘It’s fake news.’ CBN denies receiving Buhari’s orders to reissue old naira notes
The Central Bank of Nigeria (CBN) has denied receiving presidential orders to reissue the old N500 and N1000 naira notes. ...
Protest over naira scarcity rocks Ogun again, banks burnt
Protest on Monday, erupted in Ogun State over the naira scarcity, with videos online showing two banks set on fire ...