Naira Scarcity

Naira Scarcity: Abuja residents used Easter to appreciate God

Residents of the Federal Capital Territory (FCT) have used the occasion of Easter to thank God for surviving naira scarcity caused by the naira redesign policy.Information Guide Nigeria…

Naira scarcity: FG urged to save SMEs

Naira scarcity: FG urged to save SMEs

The Central Bank of Nigeria (CBN), Federal Government, and others, have been advised to take urgent steps to save Small and Medium Enterprises (SMEs) from total collapse.Information Guide…

Failed transactions worsen, e-payment falls to N37.67trn as naira scarcity

Failed transactions worsen, e-payment falls to N37.67trn as naira scarcity

As Nigerians had to grapple with failed and delayed cash transfers, cashless transactions has fallen to N37.67trillion in February 2023.Information Guide Nigeria BUSINESS HALLMARK reports that this was…

Naira Scarcity: Radio presenter dies while trekking to work

Naira Scarcity: Radio presenter dies while trekking to work

The scarcity of naira notes has affected majority of Nigerians negatively.Information Guide Nigeria Things took another dimension at the weekend when an Ibadan-based radio presenter died on his…

PoS operators lament naira scarcity

PoS operators lament naira scarcity

Point of Sales (POS) operators is complaining about the effect of the Naira scarcity on their businesses. THE AUTHORITY reports that most of them have closed their kiosks…

Naira Scarcity: Protesters set two banks ablaze in Ogun

Naira Scarcity: Protesters set two banks ablaze in Ogun

Some residents in Ogun State have set two bank buildings ablaze in Ogun State, south-west Nigeria. According to the PREMIUM TIMES, the incident occurred in the Sagamu area…

Naira Scarcity: Informal operators in Abuja lament low sales

Naira Scarcity: Informal operators in Abuja lament low sales

Informal operators in the Federal Capital Territory (FCT) have continued to lament low patronage following the cash squeeze occasioned by the new naira policy.Information Guide Nigeria THE AUTHORITY,…

BREAKING: Riot Breaks Out In Lagos Over ‘Naira Scarcity’

BREAKING: Riot Breaks Out In Lagos Over ‘Naira Scarcity’

There is tension in Ikorodu part of Lagos and its environs following a riot which broke out in Mile 12 on Friday morning allegedly over scarcity of naira.Information…

Naira Scarcity: “I Bought 40k With 70k Today” –  PSquare Cries Out

Naira Scarcity: “I Bought 40k With 70k Today” – PSquare Cries Out

Nigerian singer, Paul Okoye of PSquare popularly called Rude boy has raised questions on social media after sharing his experience with the naira scarcity.Information Guide Nigeria The singer…

Naira Scarcity: CBN, ICPC Inspect POS Centres

Naira Scarcity: CBN, ICPC Inspect POS Centres

A joint team from the Central Bank of Nigeria (CBN) and Independent Corrupt Practices (ICPC) has started the monitoring of circulation of the new notes in the Federal…