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

President Tinubu Makes Nationwide Declaration

Bola Ahmed Tinubu has declared a three-day national mourning period following the death of Nigerian…

11 hours ago

How DNA Tests Are Destroying Marriages — Nigerian Woman

A Nigerian woman has called for DNA tests to be banned in marriages, arguing that…

22 hours ago

World Teachers’ Day: Ekiti Governor Oyebanji Rewards Teachers With Disabilities With ₦6.5m

In a landmark celebration underscoring inclusive governance, Ekiti State Governor, Mr. Biodun Abayomi Oyebanji, marked…

24 hours ago

Nigerian govt confirms Military Aircraft crashed in Ondo

The Federal Government has confirmed that a total of 32 people were on board the…

2 days ago

Several feared dead as Helicopter crashes in Ondo

There was a report that a helicopter has crashed at Ebute Larada in Igbokoda, headquarters…

2 days ago

Osun accounts’ freeze: Gov Adeleke blames Ex- governors

Osun state Governor, Senator Ademola Adeleke and the opposition All Progressives Congress have traded blames…

2 days ago