There is relief in Abuja as some commercial banks commenced paying of old N500 and N1000 notes to their customers.Information Guide Nigeria

THE AUTHORITY reports that when they visited some banks were paying the old notes to their customers on the counter while the ATMs were still empty.

The United Bank for Africa (UBA), Area 3, customers were being paid N10,000 each over the counter.

As reported by THE AUTHORITY, while Union Bank and Guarantee Trust Bank were still waiting for cash to commence, officials who don’t want their names mentioned, said they were yet to receive money from the CBN.NYSC Portal

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One of the staff at Polaris Bank, , Nkechi Onwe, said: “We started paying N5,000 each to our customers in the morning, around 9Am to 12Pm, but the money we had in the vault is exhausted. There will be more money as from Friday”JAMB Result

Recall that the Governors of Kaduna, Zamfara, and Kogi states had urged the Supreme Court to grant them an interim injunction stopping the Federal Government either by itself or acting through the CBN, the commercial banks or its agents from carrying out its plan of ending the timeframe within which the now older versions of the 200, 500 and 1000 denominations of the Naira may no longer be legal tender on February 10, 2023.

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