The Business NG - September 18, 2024Add to Favorites

The Business NG - September 18, 2024Add to Favorites

انطلق بلا حدود مع Magzter GOLD

اقرأ The Business NG بالإضافة إلى 9,000+ المجلات والصحف الأخرى باشتراك واحد فقط  عرض الكتالوج

1 شهر $9.99

1 سنة$99.99

$8/ شهر

(OR)

اشترك فقط في The Business NG

سنة واحدة $49.99

يحفظ 51%

شراء هذه القضية $0.99

هدية The Business NG

7-Day No Questions Asked Refund7 أيام بدون أسئلة
طلب سياسة الاسترداد

 ⓘ

Digital Subscription.Instant Access.

الاشتراك الرقمي
دخول فوري

Verified Secure Payment

تم التحقق من أنها آمنة
قسط

في هذه القضية

Cash Crisis: Banks Ration Cash, ATMs Dispense Little, Customers Groan

The cash crisis in Nigeria has taken a toll on bank customers, who are struggling to access their money. Despite the presence of Automated Teller Machines (ATMs), customers are finding it difficult to withdraw cash, as banks continue to ration cash and ATMs dispense little.

The situation has led to frustration among customers, who are forced to rely on alternative means such as Point of Sale (PoS) operators, who charge exorbitant fees. The cash crunch has also led to a decrease in economic activities, as businesses struggle to access cash to operate.

Experts have attributed the cash crisis to several factors, including the high cost of running ATMs, the acquisition and merging of major banks, and the shift to digital banking. However, the situation remains a challenge for customers, who are calling on banks to address the issue.

The Central Bank of Nigeria (CBN) has initiated measures to promote a cashless economy, but the progress has been slow. The government needs to accelerate efforts to harness the benefits of a cashless society, enhance economic growth, and reduce financial risks.

The Business NG Newspaper Description:

الناشرTuns Media & Comm Enterprise

فئةNewspaper

لغةEnglish

تكرارSemi-Weekly

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level

  • cancel anytime إلغاء في أي وقت [ لا التزامات ]
  • digital only رقمي فقط
MAGZTER في الصحافة مشاهدة الكل