ACAMB

Cash Scarcity: ‘Banks Are Not To Blame’ – ACAMB

Feb 7, 2023.Feb 7, 2023. by Praise Ben

Nigerian banks have debunked claims stating that they are to be held responsible for cash scarcity. ACAMB sympathised with Nigerians over the inconvenience the cash policy has caused. According to the President of the ACAMB, banks are not the problem of cash scarcity. EKO HOT BLOG reports that Nigerian banks have denied allegations claiming that … Read more

Hoarding Of New Naira – Banks Break Silence Over Allegations

Feb 6, 2023.Feb 6, 2023. by Ekohot Editor

Police Beef Up Security In Bayelsa Banks Over New Naira Saga

The Association of Corporate Affairs Managers of Banks has released a formal statement denying the allegations of commercial banks fueling the naira scarcity. According to Rasheed Bolarinwa, the banks cannot fuel the scarcity owing to the fact they had already invested N100 billion into the system. However, he notes that 80% of Nigerians now enjoy … Read more