Stop depositing old Naira notes in ATM's

-

 The Central Bank of Nigeria CBN, has urged commercial banks to comply with the directive of loading the newly redesigned naira notes in their Automated Teller Machines ATMs or face legal charges.




CBN Director, Currency Operations, Mr Ahmed Umar, stated this in Abuja on Monday, Jan. 9.

Umar, who spoke at the Training Session for State Directors, National Orientation Agency NOA on Redesign of Currency Notes Policy, said commercial banks should stop putting old notes in ATMs or face a penalty.

According to Umar, the CBN’s directive was to implement the January 31 deadline withdrawal of old naira notes in circulation.


Umar said: "We, CBN management, have mandated banks to stop putting old notes in their ATM machines, they should only put the new notes.

And there is a serialisation of the policy that they can put either N500, N1000 or N200 notes whichever denomination they have or combination of any of those notes, they should just put a new note in their machines".


 "Henceforth we are going to monitor banks to ensure that they comply, and if they don’t, we have penalty for non-compliance."

Comments

Post a Comment

Popular posts from this blog

John Legend And Wife Welcome New Bundle Of Joy.

-
Image
John Legend and wife Chrissy Teigen welcomes a new baby. John Legend a popular singer announces the new arrival during concert, this is coming two years after life-saving abortion. Legend, 44, shared the news while performing at a private concert on Friday night, telling the crowd that he and his wife just welcomed a new baby.  'What a blessed day,' the singer said, adding that although he 'didn't get a lot of sleep' he felt energized after being by spending 'a lot of time' by Chrissy's side at the hospital.
Read more

Nepal Plane Crash, 70 Passengers confirmed dead.

-
Image
 At least 40 people have been confirmed dead after a domestic flight crashed in Pokhara in Nepal on Sunday, January 15, 2023.   Hundreds of rescue workers were scouring the hillside where the plane carrying 72 people from the capital Kathmandu, went down. Yeti Airlines, which operated the flight, said there were 72 people onboard – 68 passengers and four crew. According to an airport official, the foreign nationals on board included: one Australian, one French, one Argentinian, four Russians, five Indians, two South Koreans and one person from Ireland. "We expect to recover more bodies,” said an army spokesperson, Krishna Bhandari, said. “The plane has broken into pieces."  The plane crashed between the old and new Pokhara airports in central Nepal.  Footage shared on social media, which appeared to be shot just after the crash, showed raging flames on the ground and black smoke billowing into the sky from debris strewn across the crash site. The wreckage was on fire and resc
Read more

Lisa Marie Presley Dies

-
Image
 Sadly Lisa Marie Presley, could not make it after suffering cardiac arrest, she was 54.  Her bereaved mom Priscilla Presley confirms the news saying 'my beautiful daughter Lisa Marie has left us' Priscilla was on her bedside and confirmed at some point she was receiving the best care. Lisa Marie was rushed to the hospital after she suffered cardiac arrest suspected to have been caused by drug overdose. Presley was found unresponsive in her bedroom by her housekeeper, according to reports, her ex-husband, Danny Keough, who she has been living with, performed CPR until paramedics arrived at the house. It is alleged that 'someone administered epinephrine' - more commonly known as adrenaline - at the scene at least one time in order to help Presley regain a pulse.  According to the Mayo Clinic, stomach pain is a symptom of cardiac arrest in women Presley's death comes just two days after she was pictured with her mom at the Golden Globe Awards at the Beverly Hills Hilt
Read more