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Is There Hidden Liquidity Crisis in Nigeria’s Banking System?

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Is There Hidden Liquidity Crisis in Nigeria’s Banking System?

THEWILL 22/12/2024 13:24

December 22, (THEWILL) – The Nigerian banking system, once celebrated as the backbone of the nation’s economy, is facing a glaring paradox. Customers walk into bank branches daily to access their funds, only to be told that cash is scarce. The situation, which began following the Naira redesign exercise under former President Muhammadu Buhari…

TheWillNigeria
December 22, (THEWILL) – The Nigerian banking system, once celebrated as the backbone of the nation’s economy, is facing a glaring paradox. Customers walk into bank branches daily to access their funds, only to be told that cash is scarce. The situation, which began following the Naira redesign exercise under former President Muhammadu Buhari…
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