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CBN Extends Old Note Swapping Date

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NAIJA NEWS: CBN Extends Old Note Swapping Date [New Naija News] » Naijacrawl
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After several criticism by some Nigerians, the Central Bank of Nigeria has finally extended the deadline for the exchange of old naira notes by 10 days.



In a press statement issued on Sunday, Godwin Emefiele, the CBN governor, said the new deadline is February 10, 2023.

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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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Naija News

CBN clears air on acceptance of old Naira notes

Victorious

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NAIJA NEWS: CBN clears air on acceptance of old Naira notes [New Naija News] » Naijacrawl
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The Central Bank of Nigeria has cleared the air by directing commercial banks to dispense and accept the deposit of old Naira notes amid the raging currency crisis.Dr. Isa Abdulmumin, Acting Director of Corporate Communication at the CBN, in an exclusive chat with The Daily Post on Monday, clarified that there is no statement from the apex bank telling commercial banks to dispense and accept the old N500 and N1000 notes from Nigerians.Abdulmumin was reacting to a st...
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Naija News

Naira Crisis: CBN authorizes use of old notes

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NAIJA NEWS: Naira Crisis: CBN authorizes use of old notes [New Naija News] » Naijacrawl
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The Governor of Anambra State, Prof. Charles Soludo, confirmed on Monday that the Central Bank of Nigeria has asked commercial banks to dispense and accept old naira notes as deposits.The Daily Post reports that Soludo, a former CBN governor, made this known in a statement he posted on his social media handles.He explained that the Governor of CBN, Godwin Emefiele, gave the directive at a Banker’s Committee meeting on Sunday.He added that Emefiele personally confirm...
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Naija News

Naira Policy: CBN has Directed Banks to Accept & Collect Old Notes - Soludo

Piroll

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NAIJA NEWS: Naira Policy: CBN has Directed Banks to Accept & Collect Old Notes - Soludo [New Naija News] » Naijacrawl
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The former CBN governor and incumbent Governor of Anambra state, Prof Charles Soludo has confirmed through a press release that commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive same as deposits from customers.Soludo also insisted that tellers at commercial banks are to generate the codes for deposits and there is no limit to the number of times an individual or company can make deposits.The Governor of the CB...
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