i have recently been observing that there seems to be scarcity of lower denominations of our dear currency naira in circulation. To buy recharge card sef now na wahala. na so so rejection dem dey reject N1000 and N500 notes.
The general chorus in town now seems to be 'no change'.
The public transport operators are the worst culprits. I dont get it. Is it not the responsibility of the person rendering a product or service to provide 'change' for its customers? somebody should please correct me if i am wrong, because most merchants act like its the buyer that has to provide change.
where exactly did the shortfall stem from?
i think the problem should be between our banks and its regulators that have refused to pay in lower denominations in our atm machines.
For the economists out there, what possible effect can this trend have on inflation, deflation or whatever big grammar una dey use for una side.

lets know if you're experiencing this new trend and your views..

lol. goodluck

If you go buy airtime of ₦100.00 very early in the morning, and you give 'em ₦1000. They might give you the look of "Dont you know you the first person coming here this money, where do you want us to find change?"

Ask sheik sanusi