The most widely read newspaper in Nigeria
Soli noted that the CBN was insisting on the January 31 validity deadline for the new N1,000, N500 and N200 notes despite that Nigerians have limited access to them.had reported on Monday that eight days to the January 31 deadline, banks’ Automated Teller Machines in Lagos, Abuja, and other parts of the country were still dispensing the old notes.
Despite the CBN and depositing banks’ assurances that Nigerians would begin to receive the new naira notes from ATMs across different platforms, findings as of Sunday showed that many ATMs belonging to the financial institutions were dispensing the old notes. The House had in December summoned Governor of the CBN, Godwin Emefiele, over the latest policy by the apex bank which, among others, set limits to cash withdrawals from banks and other financial institutions.
After Emefiele failed to appear before the House on two occasions, the lawmakers had instead grilled Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, who led the Committee of Governors before the lawmakers.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lekki deep seaport receives first commercial vessel - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
JUST IN: NRC suspends Warri-Itakpe train services - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
Stop verbal, physical violence, Afenifere warns politicians - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
PFN condemns murder of Niger Catholic priest - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
YPP gov candidate denies visiting Ibori for endorsement - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
Atiku’s wife against one-party rule in Lagos - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »