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CBN says there is adequate supply of the naira notes amidst complaints about scarcity

Business

Amidst complaints by some Nigerians about scarcity of Naira notes, the Central
Bank of Nigeria (CBN) says there is adequate supply of the currency.

The News Agency of Nigeria (NAN) reports that CBN gave the assurance against the backdrop of complaints by some bank customers on scarcity of Naira notes at the counters, Automated Teller Machines (ATMs) Points of Sale (PoS), and Bureaux de Change (BDCs).

Some officials of Deposit Money Banks (DMBs) also claimed that the DMBs were not
getting adequate supply of cash from the CBN.

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