Tag: banks
New naira notes: Banks shut over customers’ protest in Kogi
Some commercial banks in Kog State closed down on Wednesday after customers staged peaceful protests over their inability to access money for daily use.
In...
EFCC arrests bank’s manager for hoarding N29m new notes
An Operations Manager of a leading commercial bank in Abuja Central Area was on Monday, February 6, 2023, arrested by operatives of the Economic...
Zulum to banks: Dispense new naira notes or I revoke your...
Borno State Governor, Prof. Babagana Zulum, has declared that any bank which refuses to dispense new naira notes over the counter and Automated Teller...
Naira notes: Buhari decries banks’ inefficiency, to take major decision in...
President Muhammadu Buhari on Friday, February 3, lambasted Nigerian banks, declaring that most of them are inefficient.
“Some banks are inefficient and only concerned about...
CBN orders banks to pay Nigerians N20,000 new notes
The Central Bank of Nigeria (CBN) has directed commercial banks in the country to start paying N20,000 new notes to customers over the counter.
The...
CBN to banks: Pay new naira notes over the counter
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...
Emefiele: Banks’ll accept old naira notes after deadline
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says commercial banks in the country will continue to accept old naira notes...
Old notes: CBN, banks mop up N1.9trn, N900bn still with Nigerians
The Central Bank of Nigeria (CBN) and commercial banks have mopped N1.9 trillion old naira notes from circulation, leaving N900 billion with Nigerians.
A staggering...
Customers flood banks for collection of new naira notes
Long queues of bank customers, on Friday, thronged Automated Teller Machines (ATMs) of banks at the Federal Capital Territory (FCT) to collect the new...
Banks counter CBN over hoarding of new naira notes
Operators of Commercial Banks in the country have countered the Central Bank of Nigeria (CBN) over claims that the commercial banks have enough naira...
