--Advertisement--
Follow
Follow
Facebook Twitter Instagram Youtube
Advertisement

Newspaper Headlines: Cash scarcity persists as banks shun CBN threat

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
December 8, 2024 8:13 am

Reports on naira notes scarcity and the high prices of food and other items ahead of the yuletide celebration dominate the frontpages of Nigerian newspapers.

The Punch reports that the scarcity of naira notes persists in many parts of the country despite the Central Bank of Nigeria (CBN) ordering commercial banks to load their automated teller machines with cash. The newspaper says the federal government has fixed February 2025 for the national youth conference.
Nigerian Tribune reports that President Bola Tinubu said the controversial tax reforms will not undermine the country’s democracy. The National Hajj Commission of Nigeria (NAHCON) has concluded screening of airlines and cargo companies that applied for the airlift of Nigerian pilgrims for the 2025 Hajj exercise.
The Nation reports that the proposed value-added tax (VAT) sharing formula topped the agenda of discussion between the attorney-general of the federation and the senate ad hoc committee on tax reform bills on Saturday. The newspaper says the high prices of food and other related items threatens the yuletide celebration.
THISDAY reports that the federal government has clarified that there is no evidence of the strain of the newly detected COVID Variant XEC in Nigeria. President Bola Tinubu has expressed confidence that the country’s economy and security are improving, the newspaper says.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Read more

error: Content is protected from copying.