Nigerians facing the frustrating bite of naira scarcity received assurances from the government Thursday, with Information Minister Mohammed Idris acknowledging the hardship and promising improvement in the new year. In a briefing on President Bola Tinubu’s administration’s achievements, Idris addressed…
Naira Scarcity: Lagos to sanction any business refusing old naira notes
Governor Babajide Sanwo-Olu of Lagos State has directed businesses in the state to collect the old Naira notes, or face sanction. Sanwo-Olu, in a statement on Monday, directed residents to go ahead and have transactions with the old Naira notes.…
Naira Scarcity: Butchers lament inability to purchase cattle
Many meat sellers in various markets in the Federal Capital Territory (FCT) have expressed concerns over their inability to buy cattle from rearers. The butchers attributed difficulty in purchasing cattle to their inability to access naira notes, which is the…