Traders Complain of Scarcity of Lower Denomination Naira Notes
Some traders in Lagos on Monday appealed to the Central Bank of Nigeria (CBN) to ease their transactions with customers by injecting adequate lower denomination Naira Notes into the system.
The traders, in separate interviews in Lagos, said the dearth of lower Naira notes was affecting the volume of their business activities.
A stall owner at Ayobo market, Mrs Ayisat Bello said that the major problem she had been facing in the last three months was dearth of lower denomination notes.
"All I get from my customers are N1000, N500 notes, even when they buy little things like soap and biscuits. Getting ‘change’ is a headache because I don't have enough lower denomination currency notes. My business is really being affected," she complained.
Source/Read more: Nigerian Bulletin
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| IMAGE: Central Bank of Nigeria |
A stall owner at Ayobo market, Mrs Ayisat Bello said that the major problem she had been facing in the last three months was dearth of lower denomination notes.
"All I get from my customers are N1000, N500 notes, even when they buy little things like soap and biscuits. Getting ‘change’ is a headache because I don't have enough lower denomination currency notes. My business is really being affected," she complained.
Source/Read more: Nigerian Bulletin
Traders Complain of Scarcity of Lower Denomination Naira Notes
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