Cooking Gas Scarcity Hits Lagos, Kano, Katsina, Others   Scarcity of Liquefied Petroleum Gas also known as cooking gas has hit Lagos and some other states in the country. The other affected states, according to findings by our correspondents are: Katsina, Sokoto, Delta, Kaduna and Kano. The rise...

New Naira Notes Scarcity: Concerns Trail CBN’s Deadline   Nigerians, particularly entrepreneurs, are worried about the failure of banks to roll out new naira notes, few days to the expiration of the deadline set by the Central Bank of Nigeria (CBN). Economic Confidential investigation revealed that less...

Forex Scarcity: Bank Slashes Card Spending Limit     Amid the lingering foreign exchange scarcity in the country, Fidelity Bank says it has reviewed its card spending limit. In an email to its customers, the bank said the spending limit for debit card was pegged to $300 monthly,...

Naira Dips To N472/$ As Forex Scarcity Worsens     The naira on Tuesday traded at N472 to a dollar at the parallel market as foreign exchange scarcity persisted. The exchange rate was N440/$ in the parallel market in June, and operators have continued to demand for the...

Anxiety As Forex Scarcity Hit Banks   Indications are that most deposit money banks (DMBs) operating in the country are practically struggling to meet daily demands of foreign exchange to customers, The Nation has learnt. This is despite the reported weekly cash lodgments of $100million being disbursed...

Fear Over Cooking Gas Scarcity As Supply Drops   The drop in the supply of Liquefied Petroleum Gas, popularly known as cooking gas, to Lagos has led to an increase in the retail price of the commodity, raising fears of an imminent scarcity in the state...