Tuesday, June 30, 2026

automated teller machines (ATMs)

December 1, 2024

Customers decry cash scarcity amid CBN warning to punish erring banks

Mr Cardoso said the apex bank would be conducting spot checks across the DMBs and would impose sanctions on underperforming banks.

Crowd at a bank used to illustrate the story
January 1, 2024

SSS DG’s son Abba Bichi showers Ned Nwoko’s wife with scarce naira notes

He was seen spraying wraps of the new naira notes on Ms Daniels in the video. 

Abba Bichi and Regina Daniels.
December 13, 2023

Ebonyi PoS operators blame banks over naira scarcity, call for CBN intervention

Mary Okeh, a bank customer, said the economic situation in the country needed urgent attention by the federal government.

Point of Sale (PoS) outlet
December 11, 2023

Naira Scarcity: CBN suspends charges on cash deposits above N500,000

The immediate past CBN governor, Godwin Emefiele, had, in a bid to further promote the cashless policy in the country, implemented the cash deposits limit.

Central Bank of Nigeria (CBN)
December 10, 2023

CBN insists there’s sufficient stock of naira notes as complaints about scarcity persist

Some Deposit Money Bank officials also claimed that the DMBs were not getting an adequate supply of cash from the CBN.

Naira notes
March 30, 2023

Bauchi residents excited over return of old naira notes

This follows the Supreme Court ruling on return of old currency notes as legal tender.

Old Naira Notes
March 25, 2023

Naira Crisis: Queues gradually disappear as bank ATMs dispense cash

The CBN had on Thursday directed all commercial banks to open for operations on Saturdays and Sundays to ease the naira scarcity.

ATM queue
March 14, 2023

Fire razes three Zenith Bank ATMs in Kano

The State Fire Service attributed the incident to electric spark from the ATM machines.

Zenith bank ATM in Kano
March 11, 2023

Banks issuing old notes but refusing to take them back, Lagos residents lament

They told journalists in separate interviews that spending the two old notes had been challenging as Nigerians, and even banks were not accepting the money for their daily transactions.

Old Naira Notes
February 21, 2023

Naira swap reduced Boko Haram activities in North-East: Army

The commander described the policy as a positive step, adding that it has mitigated terrorists’ activities since its inception.

Maj.-Gen. Ibrahim Ali