x

We’ll Shutdown, Report Banks Not Receiving Old Naira Notes to CBN – Soludo

Governor of Anambra State, Chukwuma Soludo has threatened to report banks not receiving old Naira notes in the state to the Central Bank of Nigeria (CBN) after shutting same.

The governor therefore urged residents to transact with the old notes and report banks/business outfits who refuse to accept it in the state.

Making the announcement on his Facebook page on Monday, Soludo noted that the CBN governor, Godwin Emefiele, confirmed to him that commercial banks could dispense and accept old notes from customers.

He wrote, “Commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive the same as deposits from customers. 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 CBN gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March 2023. The Governor, Dr Godwin Emefiele, personally confirmed the above to me during a phone conversation on Sunday night.

“Residents of Anambra are therefore advised to freely accept and transact their businesses with the old currency notes (N200; N500; and N1,000) as well as the new notes.

“Residents should report any bank that refuses to accept deposits of the old notes. The Anambra State Government will not only report such a bank to the CBN but will also immediately shut down the defaulting branch.”

Hot this week

FG Inaugurates Inter-Ministerial Committee to Enforce Ban on Single-Use Plastics Nationwide

By Francis WilfredThe Federal Government has inaugurated an Inter-Ministerial...

TCN Begins Maintenance on Aja–Alagbon 330kV Transmission Line in Lagos

By Jabiru HassanThe Transmission Company of Nigeria (TCN) has...

Salem University Lokoja to Graduate 168 Students at 7th Convocation Ceremony

By Noah Ocheni, LokojaSalem University, Lokoja, is set to...

Outrage in A’ibom as Lagos Government demiolishes Ibibio Community Centre

By Ogenyi Ogenyi, UyoThe demolition of the community...

Mahmoud Urges Asian Investors to Leverage Abuja’s Infrastructure for Business

By Joyce Remi-BabayejuFCT Minister of State, Dr. Mariya...

National Youth Alliance Vows to Continue as Movement Until Youth Lead Nigeria

By Jabiru HassanThe National Youth Alliance (NYA) has reaffirmed...

Salem University Lokoja to Graduate 168 Students at 7th Convocation Ceremony

By Noah Ocheni, LokojaSalem University, Lokoja, is set to...

Bayelsa Trains 1,000 Teachers in Digital Skills to Boost Education Quality

By Amgbare Ekaunkumo, YenagoaBayelsa State has concluded a year-long...

Cancer Elimination: WHO Charges Countries to Make Cancer Tools Accessible to Girls, Women

By Joyce Remi-BabayejuThe World Health Organization, WHO, ...

BAVCCA, COCSON warn against campaign of calumny to kill local fuel refining

Bloggers and Vloggers, Content Creators Association in Nigeria (BAVCCA)...

Nigeria’s Silent Epidemic: The Fast-Growing Crisis of Youth Drug Abuse

Nadia Binta AhmedNigeria is facing an alarming social...

Related Articles

Popular Categories

spot_imgspot_img