Cash Scarcity

CBN Slams N1.35bln Fine on Nine Banks for Cash Scarcity

The Central Bank of Nigeria (CBN) has imposed a total fine of N1.35 billion on nine deposit money banks (DMBs) for failing to...

Cash scarcity persists in FCT suburbs amid increased old Naira notes supply

As cash flow improves in the Federal Capital Territory (FCT) on Monday following a fresh directive by the Central Bank of Nigeria (CBN)...

Cash crunch: Commercial banks to open Saturday, Sunday — CBN

“The CBN has directed all banks to load their Automated Teller Machines (ATMs) as well as conduct physical operations in the banking halls...