Cash Scarcity

CBN Fines Fidelity, First Bank, Seven Others N1.35bn for ATM Cash Scarcity
CBN Fines Fidelity, First Bank, Seven Others N1.35bn for ATM Cash Scarcity

The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) a total…

CBN Limits POS Withdrawals to ₦100,000 Daily, ₦500,000 Weekly
POS Operators Hike Charges Amid Nigeria’s Worsening Cash Scarcity

Operators of Point of Sale (POS) services have increased their charges as Nigeria experiences a…

Court Orders Final Forfeiture of N830m, $4.7m, Properties Linked to Emefiele
Underpriced goods, stranded traders: How Naira notes scarcity is threatening livelihood of small business owners

A worrying scarcity of Naira notes is threatening the survival of businesses across Nigeria as…