The Central Bank of Nigeria debunked rumours of naira scarcity in the country, amid reports that there is no sufficient cash circulation in some commercial banks nationwide.
CBN spokesman, Isa AbdulMumin, blamed some customers for panic withdrawal using the Automated Teller Machines.
AbdulMumin, however, assured that the apex bank was working to ensure the seamless circulation of cash nationwide.
The apex bank also urged Nigerians to guard against panic withdrawals, assuring that there is sufficient stock to facilitate economic activities.