CBN officials storm Akure over old naira notes

Published date19 January 2023
Publication titleNigeria - The Nation

Officials of the Central Bank of Nigeria(CBN) are set to storm Akure, the Ondo State capital to stop further issuance of old naira notes of N200, N500 and N1000 denominations by banks.

The officials are to search Automated Teller Machines (ATM) in the State to ascertain if commercial banks were still loading in the old notes.

Acting Controller of CBN, Akure branch, Samuel Ademola Giwa, who made this known in a chat with journalists in Akure said it was part of the move to ensure the newly redesigned notes were in circulation in Ondo State.

Read Also: CBN ransacks Jigawa commercial bank ATMs

Giwa appealed to residents in the state to continue to accept the old naira notes of N200, N500 and N1000 until January 31 when...

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