New Bank Notes: Ibadan residents kick over cashless ATMs, dispensing of old notes

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New Bank Notes: Ibadan residents kick over cashless ATMs, dispensing of old notes
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Scores of residents of Ibadan, the Oyo State capital on Monday spent several hours at Automated Teller Machines points due to the inability of the

DAILY POST gathered that residents of Ibadan and other cities have been experiencing a shortage of the new banknotes introduced recently by the Central Bank of Nigeria .

The development as reliably gathered is against the order given by the CBN to all banks to accept the deposit of old Naira notes without charge and load ATMs with the redesigned banknotes. Residents who spoke with our correspondent described the situation as unfortunate and urged the CBN to intervene.

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