Tag: cash scarcity
Nigerians groan as cash scarcity compounds hardship
A resurgence of widespread and intense cash rationing by banks have compounded the severe economic challenges confronting Nigerians driven by high prices ...37% of Nigerian businesses cut jobs, reduced working hours due to cash scarcity – Report
A new report by SB Morgen Intelligence has said about 36.96 percent of Nigerian businesses had to lay off staff or reduce ...Cash scarcity crippled Nigeria’s economy, says UN
The shortage of the naira in recent times crippled the Nigerian economy, the United Nations has disclosed. It stated that the informal ...Cash scarcity: We’ve lost N30bn eggs, say poultry farmers
The Poultry Farmers Association of Nigeria has said its members have lost more than N30 billion worth of eggs due to the ...Nigeria’s inflation rate rises to 21.91% as cash scarcity persists
The consumer price index, which measures the rate of change in prices of goods and services, rose to 21.91 percent in February ...
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