JUST IN ! 'CBN Has Authorised Banks to Pay and Receive Old Notes'

JUST IN ! ‘CBN Has Authorised Banks to Pay and Receive Old Notes’ – Soludo

Charles Soludo, The Governor of Anambra State this morning, March 13, confirmed that the Central Bank of Nigeria (CBN) has authorised commercial banks to dispense and accept old naira notes as deposits. Soludo, a former CBN governor, made this known in a statement he posted on his social media handles. He explained that the Governor […]

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Old Notes Vs New Notes: Confusion in Deposit Money Banks (video)

Old Notes Vs New Notes: Confusion in Deposit Money Banks (video)

There is confusion at deposit money banks as customers are reluctant to collect old notes while bank cashiers insist on issuing a mix of old and new notes. A particular bank customer rejected theĀ old notes offered by a commercial bank after the cashier explained the rigours involved in returning them. According to the bank customer […]

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