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BREAKING: CBN issues fresh directive to banks

The Central Bank of Nigeria (CBN) has given a new directive that commercial banks should start paying the new naira notes to customers over the counter in the banking halls.Information Guide Nigeria

This was contained in a statement by the Central Bank’s Director of Corporate Communications, Osita Nwanisobi, sent to POLITICS NIGERIA.


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The apex bank had earlier said that paying of the new notes over-the-counter was prohibited.NYSC portal

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According to POLITICS NIGERIA, the statement reads in part, β€œWe have equally noticed the queues at Automated Teller Machines across the country and an upward trend in the cases of people stocking and aggregating the newly introduced banknotes they serially obtain from ATMs for reasons best known to them.

β€œAlso worrisome are the reported cases of unregistered persons and non-bank officials swapping banknotes for members of the public, purportedly on behalf of the CBN.”JAMB Result

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Idongesit Akpa-Ayang

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

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