Banking halls empty as naira scarcity worsens - Punch Newspapers

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Banking halls empty as naira scarcity worsens - Punch Newspapers
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Banking halls across various commercial banks in Lagos, Osun, Ekiti, and other parts of the country witnessed minimal activity as frustrated customers resorted

Operatives of the Independent Corrupt Practices and Other Related Offences Commission arrived two banks in Bauchi State on Tuesday to monitor the cash disbursement exercise, as the agency noted that the operation would spread across the country.

Meanwhile, ICPC on Tuesday, arrested an Abuja-based woman, Oluwadarasimi Emma, with the Twitter handle @SimisolaGold and Twitter name Simisola of Lala, for offering new naira notes for sale on social media. Ogugua said, “Oluwadarasimi Emma, a social media ‘serial entrepreneur,’ who deals in skincare, sales of fuel, facilitation of foreign travels through visa acquisitions, and other businesses, seized the opportunity of the scarcity of the new naira notes to openly market the new notes.

Atiku also urged the CBN not to ignore the enemies and not succumb to the present pressure it is experiencing. He also said, “However, the CBN should be wary of the elite whose motive for crying out about more postponement of the deadline for the tenure of the old naira notes is sinister and far from being altruistic. I am totally in support of building a cashless economy and reducing the amount of cash in our economy.

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