Economy/FinanceNews

CBN Directs Over-the-counter Payment of New Naira Notes

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CBN Directs Over-the-counter Payment of New Naira Notes

The Central Bank of Nigeria has directed commercial banks to begin the payment of the new naira notes to customers over the counter.

A statement by the Bank’s Director, Corporate Communications, Osita Nwanisobi said it is part of moves to ameliorate the plight of Nigerians who are finding it hard to get the new notes.

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While admitting the difficulties Nigerians have faced in trying to get money through Automated Teller Machines, the apex bank reassured of its commitment to making the process seamless.

It also vowed to prosecute racketeers of the new naira notes, saying it is working with relevant agencies to make that happen.

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