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Tag "naira scarcity"

‘80% PoS operators out of business’ — AMMBAN laments naira scarcity

    ‘80% PoS operators out of business’ — AMMBAN laments naira scarcity

The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) says over 80 percent of its members have shut down their operations due to the cash crunch in the

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Petrol, naira scarcity: APC postpones Oyo presidential campaign rally

    Petrol, naira scarcity: APC postpones Oyo presidential campaign rally

The All Progressives Congress (APC) has postponed its presidential campaign rally slated for Tuesday in Oyo state. In a statement on Monday, Olawale Sadare, the party’s spokesperson in Oyo, said

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Naira scarcity: There’s plot to unleash violence in Lagos, say police

    Naira scarcity: There’s plot to unleash violence in Lagos, say police

The Lagos police command says it has uncovered a plan by some groups to unleash violence in the state. In a statement on Monday, Benjamin Hundeyin, Lagos police spokesperson, said

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Oshiomhole: Emefiele deceived Buhari that naira redesign will curb vote buying

    Oshiomhole: Emefiele deceived Buhari that naira redesign will curb vote buying

Adams Oshiomhole, former governor of Edo, says Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), “deceived” President Muhamadu Buhari that the naira redesign policy will curb vote buying

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PDP accuses APC of hoarding new naira notes for vote-buying

  PDP accuses APC of hoarding new naira notes for vote-buying

The Peoples Democratic Party (PDP) has accused the All Progressives Congress (APC) of hoarding the newly redesigned naira notes for

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Gbaja: Reps will reconvene before elections if CBN doesn’t address naira scarcity

  Gbaja: Reps will reconvene before elections if CBN doesn’t address naira scarcity

Femi Gbajabiamila, speaker of the house of representatives, says the legislative chamber will reconvene before the elections if the Central

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ICYMI: One killed in Ibadan unrest as police clash with ‘hoodlums’

  ICYMI: One killed in Ibadan unrest as police clash with ‘hoodlums’

One person was killed on Saturday at the Apata axis of Ibadan, Oyo state capital, during a face-off between security

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Zulum to banks: We’ll revoke your land if you fail to dispense new naira notes

  Zulum to banks: We’ll revoke your land if you fail to dispense new naira notes

Babagana Zulum, Borno governor, has warned that any bank which refuses to dispense new naira notes would have its land

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Naira scarcity: Lagos traders, buyers adopt cashless transactions

  Naira scarcity: Lagos traders, buyers adopt cashless transactions

Traders and buyers in Lagos have resorted to the use of electronic payment channels amid the lingering scarcity of cash.

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IN DETAIL: Naira scarcity drives up transaction fees at POS points across Nigeria

  IN DETAIL: Naira scarcity drives up transaction fees at POS points across Nigeria

Point of sale (POS) operators in Nigeria have increased transaction charges as the scramble for cash persists in banks across

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