Category : Search result: cash scarcity


CBN Reforms End Festive Cash Scarcity in Nigeria

The Central Bank of Nigeria's strategic reforms, led by Governor Olayemi Cardoso, have successfully eliminated cash scarcity during the 2025 festive season. Learn how new regulations and digital initiatives are transforming Nigeria's financial landscape.

CBN Reforms End Festive Season Cash Scarcity

The Central Bank of Nigeria's committee, led by Governor Olayemi Cardoso, implemented holistic reforms ensuring seamless cash flow during the 2025 festive season, marking a historic shift from perennial shortages.

CBN Issues New Cash Directive to Banks for 2026

The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.

Taraba Speaker's N1,000 Christmas Gift Clarified

The Taraba State House of Assembly and the Zing Watch Group have clarified reports on Speaker John Bonzena's N1,000 Christmas gesture. Get the full details and official statements here.

Fuel Scarcity: Calls for More Dangote Partner Stations

Nigerian motorists face long queues at few MRS stations selling Dangote petrol at N739. They urge the refinery to partner with more outlets for wider access to affordable fuel. Report stations selling above price.

When a Quick Loan Makes Sense in Nigeria

Discover the 5 key situations where a quick loan is a sensible financial tool in Nigeria, from medical emergencies to urgent repairs. Learn to borrow responsibly.

Dangote Refinery Petrol Sales Start at N739/Litre

Dangote Petroleum Refinery begins nationwide petrol sales at N739 per litre via MRS stations. The refinery pledges 50 million litres daily supply to stabilize the market and urges consumers to report overcharging.

Dangote Sells Fuel at N739 via MRS Stations

Dangote Refinery begins nationwide PMS sales at N739 per litre through MRS stations, warns against artificial scarcity, and urges Nigerians to report non-compliance for economic relief.

Zulum's Festive Support: Free Travel, Gifts for 1,050

Borno Governor Babagana Zulum has approved free Christmas transport fares for 750 non-indigenes and cash gifts for 300 widows. This annual initiative promotes unity and eases festive season hardship. Read more about this impactful social intervention.

PalmPay's ₦400m Festive Campaign Offers Travel Prizes

PalmPay unveils a ₦400 million festive rewards campaign, offering users cash prizes and all-expense-paid international trips for everyday app transactions. Join the World Travel Carnival from Dec 17 to Jan 8.

JABU Graduands Receive N29 Million Cash Awards

Joseph Ayo Babalola University awards N29 million to its best graduates. The top female student receives N5 million from First Lady's endowment. Read about the academic excellence celebrated at the convocation.

Chike Rewards Top Spotify Fan with Cash Gift

Nigerian singer Chike surprised a loyal fan with a cash gift after she streamed his music for over 36,000 minutes, making him her top artist on Spotify Wrapped 2025. Read the heartwarming story.

CBN Sets New Cash Withdrawal Limits Effective 2026

The Central Bank of Nigeria has announced revised cash withdrawal rules, setting new weekly limits for individuals and corporates to start in January 2026. Learn the new limits and fees.

CBN Enforces New Cash Withdrawal Limits & Fees

The Central Bank of Nigeria has announced new weekly cash withdrawal limits of N500,000 for individuals and N5m for corporates, with excess fees starting January 1, 2026. Read the full details.

Christmas Cash Demand Hits New Highs in Nigeria

Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.

Best Gift Card Rates in Nigeria 2026

Discover the 2026 gift card rates in Nigeria. Find out which cards like Razer Gold, Steam, and Apple iTunes pay the most and why platforms like GiftCardsToNaira are preferred for fast cash conversion.

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