👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada


Bank workers union asks CBN to clarify directive on collection of old naira notes

Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has called on the Central Bank of Nigeria (CBN) to make clarifications on the deposit of old naira notes.Information Guide Nigeria

The president, ASSBIFI, made the call in an interview with NAN on Sunday.

👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

CBN had denied directing banks to collect the old notes from members of the public, leaving Nigerians to question the apex bank’s true position.

However, TheCable reported that commercial banks began collecting the old N500 and N1,000 naira notes from their customers.

Reacting to the development, Oluwole said: “The CBN needs to provide clarity because some banks are receiving, some are not receiving, and these are the things that could cause problems if they do not come out clearly and say, this is what is expected of everybody.

Other Top Stories:

“By the pronouncement of the CBN governor, the validity of the old currency ended on Feb. 17. So, are people still going to be able to pay in for the next 60 days just as the N200? Are they going to be allowed to pay in through the rest of the week? Will it end on Saturday?NYSC portal

“Those are the things they need to come out with, clearly and publish it; put it on their website, twitter because normally, CBN issues notices and circulars.”

Meanwhile, in a statement, Oluwole said several meetings were held with various bodies and individuals to address recent bank branch attacks in some states.

He said, “Our central working committee has also met to review these engagements and immediate implementation of some of the assurances by various stakeholders,” he said.

👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

“Based on the outcome of our discussion we hereby release the following statements: while our members will resume at their functional branches immediately, the safety and security of their lives remain paramount to us.JAMB Result

“Also, we continue to demand that visible and adequate security is provided in all operational areas, particularly places that are traditionally known to be volatile.

“While our members in locations that were attacked and assets destroyed may be unable to operate, we have advised other members to assess the security situation in their environments before opening for business.

Check JAMB Result

Check and Confirm: How much is Dollar to Naira



📢 We are hiring writers!

Article Writing Jobs - We are hiring good freelance writers - Click here to apply

Copyright Warning!

Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment. . Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,. . All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA). . . The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.
. We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us  for immediate removal.

Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

It looks like you're using an ad blocker!

This website InfoGuideNigeria.com is maintained by the advertising revenue and we noticed you have ad-blocking enabled. Please disable Ad-Blocker