cash scarcity
-
Nigeria CBN’s Electronic Levy Forces PoS Operators to Increase Fees in Nigeria
PoS operators in Nigeria have increased withdrawal charges due to the N50 electronic money transfer levy imposed by the Central Bank of Nigeria (CBN) and cash shortages. The hike, caused by rising operational costs, affects transactions and has led to higher fees for customers, especially during...- Nigeria News
- Article
- 1 min read
- cash scarcity cbn levy nigeria pos fees pos operators withdrawal charges
- Category: Business
-
Nigeria Cash Shortage Grips Nigeria: Limited ATMs and Long Queues Spark Concerns
In recent weeks, a perplexing cash shortage has gripped parts of Ikeja, Nigeria, casting a spotlight on the nation's financial landscape. Stretching from Computer Village to Oregun, the scarcity of cash has become evident, with only a few ATMs dispensing cash, imposing withdrawal limits, and...- Nigeria News
- Article
- 2 min read
- atm cash scarcity cashless policy central bank of nigeria channels tv hoarding of naira nigeria economy
- Category: Business
About Nigerian Bulletin
Nigerian Bulletin is your gateway to top news, specialized lifestyle topics, and a unique, curated marketplace. It connects Nigerians worldwide with crucial updates and opportunities and is ideal for engaging press releases, effective sponsored posts, banner ads, and product showcases.