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BREAKING: CBN directs banks to begin over counter payment of new notes



The Central Bank of Nigeria (CBN) on Thursday ordered commercial banks to begin the payment of the new naira notes to customers over the counter.


This was confirmed in a statement issued and signed by the Bank’s Director, Corporate Communications Osita Nwanisobi.


Nwanisobi said the maximum daily payout limit is N20,000 naira only.


“In line with this resolve, the Governor, Mr. Godwin Emefiele, has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000,” the statement added.

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3 comments

  1. At d appropriate time, everyone out there will knw exactly d game Godwin Emefiele is playing.

    ReplyDelete
  2. Even CBN is looking for the new naira notes.🤷

    ReplyDelete
  3. Even the banking apps are not cooperating. I’m not sure that hell fire can be worse than this place called Nigeria

    ReplyDelete

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