CBN warns banks, PoS operators against causing cash scarcity

CBN warns banks, PoS operators against causing cash scarcity

The Central Bank of Nigeria (CBN) has issued a warning to banks and Point-of-Sale (PoS) operators over an alleged conspiracy that is hindering the availability of cash in the country. The CBN’s statement follows reports of banks and PoS operators cooperating to limit cash withdrawals and hoard Naira notes. CBN spokesperson Sidi Ali Hakama, however, […]

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Nigeria , Sidi Ali Hakama , Central Bank , Cash Scarcity , Bn , Pos Operators ,

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