Business

JUST IN: CBN gives fresh directive to commercial banks over new naira notes

VOICE AIR MEDIA News Update

In a bid to ameliorate the plight of Nigerians who are finding it hard to get the redesigned currency, the Central Bank of Nigeria (CBN) has directed commercial banks to begin payment of the new notes to customers over the counter.

This was contained in a statement signed by the Bank’s Director, Corporate Communications, Osita Nwanisobi on Thursday.

“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 partly read.

Details later…

VAM News

Recent Posts

2026 Children’s Day: Ekiti Govt Reaffirms Commitment to Inclusive Child Development

THE Ekiti State Government has reaffirmed its commitment to promoting inclusive education, child protection and…

3 hours ago

2026 Children’s Day: Students collapse during celebration in Edo

Several students collapsed yesterday May 27 during the Children’s Day celebration at the Dr Ogbemudia…

8 hours ago

DRC-Uganda border shut over Ebola outbreak

News Update Uganda has closed its border with the Democratic Republic of Congo in an…

8 hours ago

2026 APC primaries: Latest on Certificates of Return to Candidates

News Update Winners of the recently concluded primary elections of the ruling All Progressives Congress,…

10 hours ago

2027: Atiku bags ADC presidential ticket

Former Vice President and current presidential aspirant of the African Democratic Congress, ADC, Atiku Abubakar,…

12 hours ago

Popular Singer Makes Bold Claim About Firstborn Gender and Woman Pregnancy History

Women who have never given birth or had an abortion before are more likely to…

13 hours ago