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CBN directs banks to dispense, accept old naira notes

The Central Bank of Nigeria (CBN) has ordered commercial banks to start dispensing and accepting old N200, N500, and N1,000 notes from customers across...

Soludo: I’ll shut banks rejecting old naira notes in Anambra

Anambra State Governor, Chukwuma Soludo, has told the residents of the state to report any bank that refuses to accept old N200, N500, and...

Lagos residents lament after accepting old naira notes from banks

Some Lagos residents have expressed regrets for collecting the old 500 and 1,000 naira notes from commercial banks after the Supreme Court judgement validating...

Bello threatens to seal banks, prosecute those rejecting old Naira notes

Governor Yahaya Bello of Kogi has threatened to arrest and prosecute those rejecting the old Naira notes. The threat was contained in a statement issued...

NDIC warns bank customers: Fraudsters becoming more creative

The Nigeria Deposit Insurance Corporation (NDIC) has warned bank customers and the public against displaying their bank details, saying fraudsters were becoming more creative. The...

Banks issue old notes in Abuja, customers lament rejection 

Commercial banks in the Federal Capital Territory (FCT), Abuja have started issuing the old Naira notes to customers. Checks at some banks in Abuja on...

CBN issues operational guidelines on open banking

The Central Bank of Nigeria (CBN) on Wednesday, March 8, issued operational guidelines for open banking in Nigeria on Wednesday. The guidelines establish principles for...

Old naira notes: Customers stranded as banks refuse to start cash...

Commercial banks in some parts of the Federal Capital Territory (FCT) are yet to commence cash payment, leaving customers stranded and frustrated in spite...

Banks begin payment of old N500, N1,000 notes

Some commercial banks have started paying customers old N500 and N1,000 notes on Monday, March 6. Some of the banks that paid the old notes...

ACAMB: Banks won’t shut down services for elections

The Association of Corporate Affairs Managers of Banks (ACAMB) says all bank branches and digital channels will be open for banking services before, during,...
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