
Sign up to save your podcasts
Or
Nigeria’s Central Bank is allowing banks to increase the amount they charge for withdrawals at ATMs in a bid to tackle cash scarcity at lenders in the country. Nigerians are increasingly turning to cash agents who use card terminals to provide cash, for a high commission. On this week’s episode, Bloomberg’s Nduka Orjinmo joins Jennifer Zabasajja to explain why these cash agents are so popular and whether the moves by the Central Bank will actually make any difference on the ground. You can read Nduka’s reporting here.
For more stories from the region, subscribe to the Next Africa newsletter here
See omnystudio.com/listener for privacy information.
4.4
187187 ratings
Nigeria’s Central Bank is allowing banks to increase the amount they charge for withdrawals at ATMs in a bid to tackle cash scarcity at lenders in the country. Nigerians are increasingly turning to cash agents who use card terminals to provide cash, for a high commission. On this week’s episode, Bloomberg’s Nduka Orjinmo joins Jennifer Zabasajja to explain why these cash agents are so popular and whether the moves by the Central Bank will actually make any difference on the ground. You can read Nduka’s reporting here.
For more stories from the region, subscribe to the Next Africa newsletter here
See omnystudio.com/listener for privacy information.
378 Listeners
1,177 Listeners
404 Listeners
428 Listeners
204 Listeners
2,181 Listeners
1,918 Listeners
966 Listeners
195 Listeners
142 Listeners
62 Listeners
31 Listeners
59 Listeners
155 Listeners
4 Listeners
56 Listeners
2 Listeners
56 Listeners
7 Listeners
209 Listeners
12 Listeners
232 Listeners
77 Listeners
2 Listeners
19 Listeners
57 Listeners
87 Listeners
379 Listeners
25 Listeners
80 Listeners