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Enugu, Anambra, Ebonyi Residents Lament As Cash Scarcity Paralyses Businesses In Southeast Nigeria

The scarcity of cash in banks has reportedly adversely affected economic activities in Southeast Nigeria as residents struggle to buy foodstuffs and other items for the Yuletide. Visits to commercial banks in Enugu, Ebonyi, Imo, Abia and Anambra states show that banks have run out of cash in their Automated Teller Machines (ATMs). In Enugu State, for instance, the ATMs at the First Bank branches in Okpara Avenue, Ogui Road, Presidential Road and Agbani Road were out of cash, leaving many customers stranded. ....

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