Naira Scarcity: Nigerians Groan Over Prices Of Food, Medicines   Amid soothing promises by the Federal Government to make the economy better, Nigerians seem to experience the opposite. For starters, the naira scarcity horror that dampened yuletide fun has continued in the new year, making 2024 take...

Naira: Christmas Shoppers Condemn Scarcity   About a week to Christmas Day, shoppers have condemned the worsening naira scarcity, with many of them expressing frustration over their inability to make vital purchases for the Yuletide celebration. Findings on Sunday revealed that banks were still rationing cash over-the-counter,...

Currency in Circulation Falls by N1.39trn, as Naira Scarcity Intensifies   The currency in circulation has significantly dropped by N1.39 trillion. According to new data released by the Central Bank of Nigeria (CBN), the currency in circulation fell to N1.39 trillion in January 2023, from N3.23...

Despite Acceptance of Old Notes, Crowd Overwhelm Banking Halls The CBN had earlier instructed commercial banks to immediately collect the old naira notes, deposited at the apex bank, promising that before the end of the week, the nation would be awash with more naira notes,...

Poultry Farmers Lost N30bn Eggs to Naira Scarcity - Association The Poultry Farmers Association of Nigeria said its members lost more than N30 billion worth of over 15 million crates of eggs due to the effect of naira scarcity in the country. The National President of...

Naira Scarcity: Supreme Court to Deliver Judgment Today The Supreme Court will today deliver judgement in the suit by 16 states challenging the federal government’s naira redesign and swap policy. A seven-member panel of justices presided by Justice Inyang Okoro had on February 22 adjourned to...