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November 15, 2024

Banks don reconfigure ATMs, new naira circulation go start today

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Banks-naira-circulation-today

Di newly redesigned naira notes circulation go start on Thursday (today) with Deposit Money Banks go release di bills to their customers via over-the-counter payments.

This update come about three weeks after di President, Major General Muhammadu Buhari (retd), unveil di new bills for di weekly Federal Executive Council meeting for Aso Rock Villa.

Di President unvei di redesigned notes across di  N200, N500 and N1,000 denominations.

FOR MORE NEWS: Senate go debate CBN cash withdrawal limit policy today

Di Governor, Central Bank of Nigeria, Godwin Emefiele, for October bin announce say apex bank go release re-designed naira notes by December 15, 2022.

Hin follow announce say di old notes no go dey regarded as legal tender by January 31, 2023.

Emefiele bin point out say di redesigning of the naira notes go help curb counterfeit notes, and reduce ransom payments to terrorists and kidnappers.

Di CBN boss say e bin worry dem as Nigerians dey hoard 85 per cent of di total currency in circulation.

You fit go read di full tori…READ MORE

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