Tag: ASSBIFI

Nigerian Bank Workers Criticize CBN for Intensified Cash Shortages

In Nigeria, intensifying cash shortages have led bank workers, represented by ASSBIFI, to criticize the Central Bank of Nigeria (CBN) for not meeting cash demands. They argue that this, combined with retailers profiting from cash sales to POS operators instead of returning it to banks, is causing significant strain. The crisis is unfolding alongside economic challenges, including inflation and public discontent over monetary policies.