It's not just causing artificial cash scarcity by reducing the volume of cash in circulation. CBN should strengthen the electronic channels to accommodate the influx of transactions into the electronic channels because of cash scarcity. In Nigeria, we do the first thing last and the last thing, first.
“Cash scarcity hits Taraba - Daily Post Nigeria”
“Cash scarcity hits Taraba - Daily Post Nigeria”
Contrary to the reassurances from the Central Bank of Nigeria, a cash scarcity has hit Taraba State. Both old and redesigned naira banknotes, at the time
