The Central Bank of Nigeria (CBN) has directed commercial banks in the country to start paying new 200, 500, 1,000 naira notes to customers over the counter.
The CBN Governor, Godwin Emefiele, gave the directive via a statement issued on Thursday.
Emefiele stated that the directive was to tackle the challenges Nigerians are experiencing with getting the new currency, adding that it will reduce queues at the Automated Teller Machines (ATMs) across the country.
Details later…
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