Wednesday, May 1, 2024

Naira Scarcity: Queues disappear as bank ATMs dispense cash in Kano

The disappearance follows the injection of more bank notes by the Central Bank of Nigeria (CBN) into commercial banks.

• March 31, 2023
Queue at the ATM stand
Queue at the ATM stand

Long queues at banks in Kano metropolis is disappearing gradually following the injection of more banknotes by the Central Bank of Nigeria (CBN) into commercial banks.

It was reported on Friday in Kano that the long queues in some of the banks had drastically reduced.

Less queues were also observed at ATM points and few crowds were seen in the banking hall, unlike what obtained weeks back.

Musa Isa, a civil servant, said he was happy that the long queues were gone, and urged the Central Bank of Nigeria (CBN) to supply banks with enough cash for people to access adequately.

Umar Idris, a trader, urged the apex bank to ensure that enough cash was moved to commercial banks and made accessible to everyone.

A customer, Lydia Samson, said she was hopeful the development will last long so as to put an end to customers suffering to access money at the banks.

A staff of one of the new generation banks, said they have enough cash to pay customers and they have been paying all through the weekend till Monday.

Point of Sale (PoS) operators also give cash without the usual long Queues with less charges.

(NAN)

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