Economy

Cash Scarcity Crippled Nigeria’s Economy, Says UN

The shortage of the naira in recent times crippled the Nigerian economy, the United Nations has disclosed. It stated that the informal sector felt the brunt of the scarcity the most. It noted that the continuing decline of oil production is set to impact the country’s finances in 2023. The UN disclosed this in its […]

Economy

Cashless Policy: Matawalle Empowers 300 PoS Operators With N70m In Zamfara

The Zamfara government has disbursed N70 million to empower 300 Point-of-Sale, PoS, operators to fast-track implementation of the cashless policy of the Central Bank of Nigeria, CBN. The Commissioner for Commerce and Industries, Yazeed Danfulani stated this while distributing PoS machines to 300 youth and women on Wednesday in Gusau. He said the gesture was […]