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Naira Scarcity: CBN warns banks, POS operators over alleged collusion

The apex bank encourages members of the public to report hoarding through a specially created online channel as it moves to arrest naira scarcity The Central Bank of Nigeria (CBN) has warned commercial banks and Point-Of-Sale (PoS) operators against collusion in creating artifical scarcity of the naira. This comes on same day the House of Representatives called on the CBN to disrupt the activities of POS operators who charge exorbitant fees to provide naira notes...

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