‘Naira redesign, cash crunch hurt businesses’
The Central Bank of Nigeria’s twin policy of naira redesign and daily cash withdrawal limit has led to private-sector business contraction leading to reduced output […]
Cash
Over 1m Nigerians receive N5,000 cash monthly
…Says 10m pupils in over 66, 000 schools pupils fed daily Tope Omogbolagun, Abuja The Federal Government declared on Thursday that 1,940,004 vulnerable Nigerians […]
Anguish as fuel scarcity, cash crunch linger
Three years ago, the world economy shut down as news of COVID-19 pandemic. Soon the first lockdown took place in China’s Hubei province. Lockdown then […]
Nigeria’s cash crunch and e-Naira’s ‘Emilokan’ moment
By Abdulrahman Abdulraheem When the All Progressives Congress (APC) presidential candidate, Asiwaju Bola Ahmed Tinubu made the famous ‘Emi Lokan’ (It is my turn) statement […]
Naira scarcity: Patients lament as hospitals insist on cash payment
Sodiq Ojuroungbe Patients and their relatives are lamenting the scarcity of the naira, noting that it has made payment for medical bills difficult. Some of […]
Naira scarcity: Artisans reject cash transfer in Sokoto
As scarcity of naira hits the country, some artisans in Sokoto State have continued to rejects money transfer in exchange of cash payment. Our correspondent […]
Cash withdrawal limit vs Banks Neutral Cash Hubs
The Central Bank of Nigeria (CBN) and Bankers’ Committee recently directed Deposit Money Banks and licensed processing firms to establish Banks Neutral Cash Hubs to […]
Reactions as Regina Daniels flaunts cash gift from hubby on set
Actress Regina Daniels has got the online community talking as she recently flaunted the cash gift by her hubby, Ned Nwoko. A viral video captured […]
Rite Foods excites consumers with cash, gifts prizes
Rite Foods’ Bigi drinks, Nigeria’s most consumer-centric brand with 13 flavours of refreshing soft drinks for every moment, has yet again improved the living conditions […]
Is CBN’s cash withdrawal limit for common good?
Following the planned implementation of the cash withdrawal limit policy regime effective from January 9th, 2023, many Nigerians including contractors, PoS operators, informal sector participants […]