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

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