Cash crunch persists despite CBN’s assurance that N3.4trn is in circulation
The Central Bank of Nigeria (CBN) has again assured members of the public that it is addressing the reported cases of cash scarcity in some
Tag : Cash crunch
Manufacturers allege 25% sales drop over cash crunch
Manufacturers have revealed that the protracted scarcity of naira notes has led to a 25 per cent drop in sales of manufactured goods. This was
How Nigeria’s fuel crisis, cash crunch ended 31-month growth in business activities
Business activities driven by the private sector slumped for the first time in almost three years as companies reduced output and cut jobs due to
Cash crunch: Labour draws battle lines, warns against salary slash
Organised labour on Wednesday cautioned the Federal Government against reduction of workers’ salaries in its attempt to cut down personnel cost in view of the
Cash crunch: NNPC writes govs, bloated subsidy eats up revenue
The Nigerian National Petroleum Corporation has alerted the federal and state governments to its dwindling contribution to the federation account as a result of the
