The Central Bank of Nigeria (CBN) on Thursday ordered commercial banks to begin the payment of the new naira notes to customers over the counter.
This was confirmed in a statement issued and signed by the Bank’s Director, Corporate Communications Osita Nwanisobi.
Nwanisobi said the maximum daily payout limit is N20,000 only.
“In line with this resolve, the Governor, Mr. Godwin Emefiele, has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000,” the statement added.
About The Author
You may also like
-
2027 : Only the best can succeed Uzodimma – Regy Amadi
-
Cover and Inside Pages of Trumpeta, Friday 18th September, 2026
-
Cover and Inside Pages of Trumpeta, Tuesday, 15th September, 2026
-
AHIAZU MBAISE/EZINIHITTE FEDERAL CONSTITUENCY ELECTION: MBAISE’S CONTINUED SURVIVAL AT RISK
-
Bishop Egbu Anglican Communion Laments Insecurity in FUTO .