Posts tagged as: Cash scarcity

Cash Scarcity: Customers Cry Out As Banks Slash Withdrawal Limits

LAGOS DECEMBER 2ND (NEWSRANGERS)-Bank customers have said that they are unable to withdraw their deposits for transaction in yuletide season in Ondo State, as the banks have slashed their withdrawal limits across the state. Investigation revealed that many customers could not withdraw the amount they needed over the counter due to a lack of adequate […]

New Notes: POS Operators Close Business In Osun Over Cash Scarcity

LAGOS FEBRUARY 17TH (NEWSRANGERS)-THE Mobile Money business popularly known as Point of Sales (POS) is crumpling in the State of Osun, investigations have revealed.  Majority of the people in the business have abandoned it following their inability to access cash, owing to the lingering cash crunch induced by the Central Bank of Nigeria.  OSUN DEFENDER […]

Cash Scarcity Crashes Prices Of Chickens At Nsukka By 50%

LAGOS FEBRUARY 7TH (NEWSRANGERS)-The present scarcity of new naira notes in the country has crashed prices of chickens at Nsukka by over fifty percent. A survey conducted by  The Whistler at Ikpa market of the university community on Monday shows that the dealers are having ‘bad market’ as they are forced to sell at highly […]

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