Business
CBN Sanctions 9 Banks For Failing To Dispense Cash Via ATMs
The Central Bank of Nigeria, CBN, says it has sanctioned some Deposit Money Banks, DMBs, for failing to make Naira notes available through automated teller […]
Cash
News
Senator Alli Begins Cash Empowerment For Women In Oyo South
Senator Sharafadeen Alli (APC-Oyo South) has commenced a cash grant initiative aimed at alleviating poverty and improving the economic status of women in his constituency, […]
News
Poultry Farmers: We’ve Lost N30 Billion Worth Of Eggs Due To Cash Scarcity
The Poultry Farmers Association of Nigeria (PAN) said its members lost more than N30 billion worth of over 15 million crates of eggs due to […]
News
PDP Reps Member Arrested With $498,000 Cash In Rivers
The Rivers police command has arrested Chinyere Igwe, a member of the house of representatives, with $498,100 cash. Igwe is the Peoples Democratic Party (PDP) […]
News
Adeleke: As A Governor, I Don’t Have New Naira Notes’, Calls For Peace Amid Cash Crunch
Ademola Adeleke, governor of Osun, has lamented the naira scarcity in the country, saying the problem has affected the financial lives of the people in […]
News
Banks To Collect Old N500, N1,000 Notes; CBN To Receive Cash Above N500k
Deposit money banks have commenced collection of old N500 and N1000 notes from citizens following a directive from the Central Bank of Nigeria. On Friday, […]
News
Lagos Announces 50% Fare Reduction On ALL State-Owned Transport Services Over Cash Scarcity
The Lagos State governor, Babajide Sanwo-Olu has announced a 50 percent reduction in the prices of all state-owned transport services. The transport services include bus […]
News
Act Now-Cash, Petrol Scarcity May Yield To Unpleasant Consequences, Akeredolu Tells Buhari
The Governor of Ondo State, Rotimi Akeredolu has advised President Muhammadu Buhari to take urgent steps to address the scarcity of naira notes and petrol […]
Business
Cash Squeeze Could Cripple Local Sales, Manufacturing, MAN Warns
The Manufacturers Association of Nigeria (MAN) has warned that the lingering cash strapping occasioned by new Central Bank cash policy could result in a 25 […]
News
Buhari Holds Closed-Door Meeting With APC Governors On Cash, Fuel Scarcity
President Muhammadu Buhari has met behind closed doors with governors elected under the platform of the All Progressive Congress (APC) at the Presidential Villa, Abuja. […]