Business

Naira scarcity: Queues disappear as bank ATMs dispense cash to customers

Long queues at banks in Kano metropolis is disappearing gradually following the injection of more naira notes by the Central Bank of Nigeria (CBN) into commercial banks.

While long queues in some of the banks drastically reduced in Kano on Friday, there were less queues at ATM points and few crowd in the banking hall unlike what occurred weeks back.

A civil servant, Musa Isa, expressed joy that the long queues were gone, urging CBN to supply banks with enough cash for everyone to access adequately.

READ ALSO: FIRS generated N10.04trn in 2022 – Controller

A trader, Umar Idris, urged the apex bank to ensure that enough cash was moved to commercial banks and made accessible to everyone.

On her part, a customer, Lydia Samson, prayed and expressed hope that the development will last long, saying the customers were suffering too much accessing money at the banks.

An official of one of the new generation banks, said they have enough cash to pay customers, adding that they have been paying over the weekend till Monday.

Many Point of Sale (PoS) operators also give cash without the usual long queues with less charges.

The Star

Segun Ojo

Recent Posts

2027 Hajj: NAHCON announces N7.8m fare, fixes December 2 for payment deadline

The National Hajj Commission of Nigeria (NAHCON) has approved 2027 Hajj fares based on the…

2 hours ago

Fire destroys five shops at Gombe technology centre

A fire outbreak at the Technology Incubation Centre near the Police Headquarters in Gombe State…

2 hours ago

Former Cambridge professor Jason Arday found dead

Jason Arday, a former professor of sociology of education at the University of Cambridge, has…

3 hours ago

Abiodun rescues Buhari estate from forfeiture, delivers 108 housing units

Ogun State Governor, Dapo Abiodun, has revived the President Muhammadu Buhari Estate in Abeokuta after…

4 hours ago

Shallipopi accuses Dapper Music of withholding over $1m

Nigerian singer Shallipopi has joined a growing list of Nigerian artistes calling out Dapper Music…

4 hours ago

PETROAN backs Tinubu on refinery revival, demands firm timelines from NNPC

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has backed President Bola Tinubu’s…

4 hours ago

This website uses cookies.