As Deadline Approaches For Old Notes News
Mr Chuks, a trader in Lagos Island told me that after receiving the new notes from a Polaris Bank ATM, he noticed afterwards that he had been getting both new and old notes from other ATMs.
He explained that he had received a mixture of both old and new notes from a Wema Bank ATM and new notes from a First bank ATM. He however noted that while he had been seeing the new notes with people since the early days of this year, last week was the first time he personally got it from an ATM. On her part, Fisayo, a University of Lagos student, said she had only received the new notes from one ATM. “Since last year when the new notes came out, I have not been getting it from the bank except for Monday, when I got it from an Access Bank ATM. I just made a withdrawal now from Access Bank ATM and I still got the old note”, she stated.
A cleric in one of the churches in Lagos, told me that they try to encourage their members willing to pay offering and tithes to do transfers, whilst also urging them to keep very little cash with them as the deadline approaches. Despite calls for an extension of the deadline, the CBN has continued to insist that the January 31, 2023 deadline still stands.
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