Cash crunch hits Ondo, Osun, Edo, Kwara, others

Some states are experiencing cash crunch as the Automated Teller Machines (ATMs) no longer dispense money and banks ration cash withdrawal Over The Counter (OTC) by depositors. The Central Bank of Nigeria (CBN) blamed the situation on ‘uneven cash flow and huge withdrawal by depositors ahead of the festivities. Many Nigerians in some of the states already hit by the cash crunch expressed frustrations in accessing cash. Some of the states already hit by the cash crunch, with commercial and other business activities experiencing some hitches, include Ondo, Edo, Kwara, Delta, Plateau, Jigawa and Osun among others. In Plateau State,

By |December 6th, 2023|Categories: News|Tags: , , , , |0 Comments
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