News Echo

  • +23481-2435-0783
  • news@newsecho.com.ng
Search
Close
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023
Menu
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023
NewsInsider
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023
Menu
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023
NewsInsider
Home City Reports

Naira scarcity: Mourners begin use of POS for burial ceremonies, rejects old notes

Uchenna Ezeadigwe Awka by Uchenna Ezeadigwe Awka
February 20, 2023
in City Reports
Reading Time: 1 min read
0
Naira scarcity: Mourners begin use of POS for burial ceremonies, rejects old notes
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Scarcity of new naira notes has began to take another shape in Anambra state as a bereaved family provided POS machine for transaction and payment of condolence money by sympathisers.

The incident happened over the weekend at Isuofia, Aguata Local Government Area of Anambra State, which is the hometown of the State Governor, Prof. Chukwuma Soludo.

According to a video currently trending online, the digital burial was organised by the Orafu family.

Aside the POS machine provided by the mourners, the video also shows an account number where those who want to make transfer can send their condolence token.

masculine voice which was heard over that accompanies the video also announced that the family would not accept old naira notes from any sympathiser, while also informing that naira scarcity won’t be an excuse for one not to pay condolence visit to the family, as alternative means of payment have been provided.

Recall that the introduction of new naira notes and outlawing of some old ones by the Central Bank of Nigeria has led to scarcity of naira notes in the country, as the acceptable notes (the legal tenders) are in short supply and scarcely available to the people.

The situation has not only generated a chain of actions and reactions in different parts of the country, but has also compelled people to start making cashless transactions and exploring other means of payment, which were hitherto underused in the country.

Uchenna Ezeadigwe Awka

Uchenna Ezeadigwe Awka

default-logo

We’re Impartial And Independent, And Every Day We Create Distinctive, World-Class News Content Which Inform, Educate And Entertain Millions Of People In Nigeria And Around The World.We Care About Quality Content. We Never Wanted To Be A Big Publishing House: Our Team Is Small, But It’s A Truly Wonderful Team Of People Who Really Care About What They Do. Passionate And Dedicated. Honest And Respectful. Professional But Informal.

Facebook Twitter Instagram
Menu
  • Home
  • News
  • Crime
  • Sports
  • City Reports
  • Business
  • Politics
  • e-Edition 2023

Related Posts

Hon Kingsley Anusi Disburses ₦150,000 Each To 14 Dunukofia Students, Youths Under 2026 Scholarship, Empowerment Program

Hon Kingsley Anusi Disburses ₦150,000 Each To 14 Dunukofia Students, Youths Under 2026 Scholarship, Empowerment Program

June 26, 2026
ASTUC Youth Honoured Eight Outstanding Community Role Models in Ayamelum.

ASTUC Youth Honoured Eight Outstanding Community Role Models in Ayamelum.

June 26, 2026

Royal Reels 18 – The Ultimate Quick‑Hit Slot Playground

June 25, 2026
newinsider frontpage
NEWSINSIDER MAGAZINE

Copyright @2023 – NewsEcho All Right Reserved.

  • About
  • Advertise
  • Privacy & Policy
  • Contact