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CBN Directs Banks to Start Paying New Naira Notes Over the Counter

This is to help reduce queues at the automated teller machines (ATMs) nationwide.

Gov. Emefiele

The Central Bank of Nigeria (CBN) has directed commercial banks to start paying the redesigned naira notes to customers over the counter.

In a statement on Thursday, CBN Governor Godwin Emefiele said the new directive was to alleviate the challenges that Nigerians are experiencing with getting access to the new notes, as well as reduce queues at the automated teller machines (ATMs) nationwide.

Details later…

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