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Tag "naira scarcity"

Sultan on naira swap: People are hungry, angry — we need to douse tension

    Sultan on naira swap: People are hungry, angry — we need to douse tension

Muhammadu Abubakar, the Sultan of Sokoto, says the naira swap policy and resultant scarcity of cash is causing frustration. Speaking on Monday at a national conference on ‘Livestock Reforms and

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CBN to Nigerians: Embrace eNaira, internet banking as alternatives to cash

    CBN to Nigerians: Embrace eNaira, internet banking as alternatives to cash

The Central Bank of Nigeria (CBN) has asked Nigerians to embrace eNaira and internet banking as alternatives to cash transactions. Speaking at the recently concluded 44th Kaduna International Trade Fair,

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Review naira redesign policy to ease hardship on Nigerians, Catholic Bishop tells FG

    Review naira redesign policy to ease hardship on Nigerians, Catholic Bishop tells FG

Lucius Ugorji, president of the Catholic Bishops Conference of Nigeria (CBCN), has asked the federal government to review the naira redesign policy to ease the hardships on Nigerians. In October

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‘Printing of more notes, alternative cash routes’ — NECA proffers solutions to naira scarcity

    ‘Printing of more notes, alternative cash routes’ — NECA proffers solutions to naira scarcity

The Nigeria Employers’ Consultative Association (NECA) has advised the federal government to look beyond the politics of the naira redesign policy and focus on its damaging effects on businesses and

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Like Ogun, Lagos to begin food distribution amid naira, petrol scarcity

  Like Ogun, Lagos to begin food distribution amid naira, petrol scarcity

Babajide Sanwo-Olu, governor of Lagos, says the state will begin food distribution to “vulnerable residents” from Monday to reduce the

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Naira scarcity: Blame game is futile, we must print more cash abroad, says Rewane

  Naira scarcity: Blame game is futile, we must print more cash abroad, says Rewane

Bismarck Rewane, managing director (MD) of Financial Derivatives, has proffered solutions to end the scarcity of cash in the country. 

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INEC has no excuse to fail — four years enough to plan for polls, says CAN

  INEC has no excuse to fail — four years enough to plan for polls, says CAN

The Christian Association of Nigeria (CAN) has asked the Independent National Electoral Commission (INEC) to ensure that the upcoming elections

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Naira scarcity protest: Police arrest ‘hoodlums’ for stockpiling arms in Oyo

  Naira scarcity protest: Police arrest ‘hoodlums’ for stockpiling arms in Oyo

The Oyo police command says its operatives have arrested some persons for allegedly stockpiling arms in the state to cause

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Sources: Why Zenith Bank closed some branches amid cash scarcity

  Sources: Why Zenith Bank closed some branches amid cash scarcity

Zenith Bank has temporarily shut down some of its branches in some states in Nigeria due to insecurity, TheCable understands.

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Naira scarcity could make many Nigerians vulnerable to vote buying, says Crisis Group

  Naira scarcity could make many Nigerians vulnerable to vote buying, says Crisis Group

International Crisis Group, a non-governmental organisation, says the scarcity of naira notes could make many Nigerians “vulnerable” to vote-buying in

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