Tag Archives: Senate probes scarcity of lower naira denominations

February, 2018

• 14 February

  Senate probes scarcity of N5, N10, N20, N50, N100 and N200 denominations

  

  Banks in Nigeria no longer dispense lower naira denominations with the excuse that they hardly receive them from the Central Bank of Nigeria ..Now the Senate is investigating the scarcity of lower naira denominations, which the lawmakers consider as a threat to the country’s economy. The scarce denominations are N5, N10, N20, N50, N100 and N200. Following the adoption of ...

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