Market News
Reps call for investigation of scarcity of naira notes - THE NATION
The House of Representatives has called for an investigation into the current scarcity of currency notes in commercial banks to address the hardship being experienced by Nigerians.
Adopting a motion of urgent public importance by Uguru Emmanuel (APC, Ebonyi), the House asked the Central Bank of Nigeria to immediately address the issue of scarcity of the naira notes and call the commercial banks to order if it is not responsible for the hardship/
Uguru said one of the major factors that stimulate economic growth is Consumer spending and business investment, adding that cash supply shortages in Commercial Banks have dire consequences on individuals and the nation’s economy.
