The Central Bank of Nigeria (CBN) has disclosed the reasons behind the scarcity of naira notes in the country. There have been a series of complaints by some bank customers on the scarcity of naira notes at the counters, Automated Teller Machines (ATMs), Points of Sale (PoS), and Bureaux de Change (BDCs).Some officials of Deposit Money Banks (DMBs) also claimed that the banks were not getting an adequate supply of cash from the CBN. However, the apex bank, in a statement issued by its Corporate Communications Department on Sunday, said…
Read MoreWHY NAIRA IS SCARCE: CBN EXPLAINS
