The Nigeria Labour Congress (NLC) has called on the Federal Government to immediately intervene in the issue of cash scarcity across the country. Mr Joe Ajaero, NLC President said this in a communique he jointly signed with Mr Emmanuel Ugboaja, General Secretary of NLC on Thursday… Cash scarcity: NLC demands immediate govt intervention … Read more
CBN Issues Directives To Banks Amidst Cash Scarcity …C0NTINUE READING HERE >>> The Central Bank of Nigeria (CBN) has instructed commercial banks to prioritize cash disbursements through automated teller machines (ATMs), warning that institutions failing to comply would face penalties. In a statement issued on Friday, Solaja Olayemi, Acting Director of the Currency Operations Department … Read more
Naira Scarcity Resurfaces In Kano State …C0NTINUE READING HERE >>> Reports emerging on Monday revealed that residents of Kano State, Nigeria’s centre of commerce, are witnessing naira scarcity. It was gathered that even Point of Sale (POS) operators, where residents find solace during emergencies, are at the moment lamenting over the resurging scarcity in the … Read more