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CBN Orders Banks to Commence Paying New Naira Notes

CBN Orders Banks to Commence Paying New Naira Notes

Somto NwanoluebySomto Nwanolue
3 years ago
in News
Reading Time: 1 min read
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The Central Bank of Nigeria, CBN has just ordered commercial banks in the country to begin paying the new naira notes to customers over-the-counter in the banking halls.

This recent development was just confirmed in a statement on Thursday, 2 February by the bank’s Director of Corporate Communications, Osita Nwanisobi.

The apex bank had therefore assured Nigerians that the queues at Automated Teller Machine, ATMs stands will expire soon while ordering banks to pay new notes over-the-counter, which had previously been declared illegal.

Tags: BankscbnNew naira notesover counter
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Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

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