CBN Asks Nigerians To Reject Old Naira Notes From Banks

The Central Bank of Nigeria (CBN) has directed customers to start rejecting old naira notes from banks, insisting that the old notes ceased to be legal tender by the January 31 as earlier stipulated.

The Deputy Director, Currency Operation, Dr Rekiyat Yusuf, disclosed this in Lokoja, Kogi State, on Thursday during the sensitisation of market men and women about the redesigned naira notes.

She said that appropriate sanctions would be applied against any erring banks found dispensing old notes to customers henceforth.

The CBN therefore directed customers to report any bank still dispensing old notes either over counter or through the Automated Teller Machine (ATM) to the apex bank.

Yusuf further urged traders to avail themselves of the window provided by the January 31st deadline by visiting banks to exchange the old notes with the new ones.

About Don Saint

PR Guru / Author / Promoter / Controversial Writer / Hip Hop Artiste / Actor / Human Rights Activist. The First Nigerian Hip Hop Artiste to obtain a Masters Degree (M.A) in Arts ( Religion & Human Relations). The author of one of the most controversial books in Nigeria; "Emancipation from Masturbation". With over 12 Movies and 3 Musical albums since 2003. Former Events Manager at Silverbird’s Rhythm Fm Awka Station till 2010. For more info. Call : 08033239298.

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