ShareBy Aluta News Feb. 10, 2023 A student of Architecture at the University of Nigeria, Enugu Campus (UNEC) missed lectures for two days consecutively to cash N5,000 at an Automated Teller Machine (ATM). “I have missed lectures for two days just to get N5,000 to feed and buy some toiletriesContinue Reading
ShareBy Aluta News Feb. 9, 2023 Destitute in Kaduna who rely on begging for survival say they have been turned to ‘PoS Operators’ as a result of the prevailing cash-squeeze. Explaining their ‘newly- found’ status to a Correspondent of the News Agency of Nigeria (NAN), the beggars said most peopleContinue Reading
ShareBy Aluta News Feb. 6, 2023 The Nigeria Deposit Insurance Corporation (NDIC) has called on the depositors of Fortune International Bank in-liquidation to come for their verification. The Corporation in its official Twitter handle on Monday said they were in the process of paying the insured sum and liquidation dividendsContinue Reading
ShareBy Aluta News Feb. 5, 2023 Many FCT residents have continued to face difficulty in accessing the newly redesigned Naira notes, attributing the challenge to bank officials, who they say allegedly hoard and selling the legal tender. The stakeholders urged the Central Bank of Nigeria (CBN) to impose heavy sectionsContinue Reading
ShareBy Aluta News Feb. 5, 2023 Some small scale industrialists and entrepreneurs in the Federal Capital Territory (FCT), have continued to count their losses over the lingering new Naira notes scarcity. They told the News Agency of Nigeria (NAN) on Sunday in Abuja, that the situation was hurting their businessesContinue Reading
ShareBy Aluta News Feb. 3, 2023 Some Point of Sale (PoS) operators have alleged that bank officials sell cash (both old and new naira notes) to them depending on the amount withdrawn. Some of the operators who spoke to the News Agency of Nigeria (NAN) in Abuja on Friday, saidContinue Reading
ShareBy Aluta News Feb. 3, 2023 President Muhammadu Buhari has urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country following the policy of the Central Bank of Nigeria to change high value Naira notes with new ones. Mr FemiContinue Reading
ShareBy Aluta News Jan. 27, 2023 The Managing Director, Dala Inland Dry Port , Ahmad Rabiu says President Muhammadu Buhari will commission the Dala International Inland Dry Port on Monday, Jan. 31. Rabiu, in a statement on Friday in Abuja, said all was set for the commissioning of the portContinue Reading
ShareBy Aluta News Jan. 25, 2023 Bank customers in Benin, have decried scarcity of the new Naira notes at Atomated Teller Machines (ATMs) as well as Point of Sales (POS). The News Agency of Nigeria (NAN) recalls that the Central Bank of Nigeria CBN), had announced Jan. 31, 2023 asContinue Reading
ShareBy Aluta News Jan. 20, 2023 There is no respite for Lagos residents over the lingering fuel scarcity as Major Oil Marketers Association of Nigeria (MOMAN) has increased the price of petrol to N185 per litre without official notification. The News Agency of (NAN) reports that fuel scarcity persisted onContinue Reading