Commercial banks blames CBN for cash scarcity
The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s inability to meet the cash demands of commercial banks. Speaking with journalists on Wednesday, ASSBIFI President, Olusoji Oluwole, highlighted the dire impact of the scarcity, particularly as the festive season approaches, with increased demand for cash for shopping and business transactions. Oluwole explained […]
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