BREAKING NEWS

Submit BAD #NAIRA NOTES to banks before Monday – #CBN warns #Nigerians

Submit BAD #NAIRA NOTES to banks before Monday – #CBN warns #Nigerians
SPONSORED

Submit BAD #NAIRA NOTES to banks before Monday – #CBN warns #Nigerians

Nigerians have been directed by the Central Bank of Nigeria (CBN) to deposit bad naira notes in banks before Monday September 2. 

SPONSORED

CBN said it is recalling the bad currencies to improve the overall quality of the Naira notes in circulation. Naira notes expected to be deposited in banks include those which are weak and could easily tear at further handling or processing, mutilated notes that are partially or permanently damaged but which clearly still has more than half of its original size together.

The announcement was made in an email Banks sent out to their customers on Friday August 30. 

It read “Important CBN Notice on Naira Notes” 

As part of its efforts to improve the overall quality of the Naira notes in circulation, the Central Bank of Nigeria (CBN) has introduced the Clean Note Policy and Banknotes Fitness Guidelines.

What does this mean for you?

If you have in your possession, overused or mutilated Naira notes, you are required by the Central Bank of Nigeria (CBN) Clean Note Policy to deposit such notes at any (bank) branch near you on or before Monday, September 2, 2019.

Please note that overused notes include any Naira note that is now weak to such an extent that it could easily tear at further handling or processing.

Mutilated notes include any Naira note that has been partially or permanently damaged, but which clearly still has more than half of its original size together.

As Nigerians, it is our patriotic and collective responsibility to handle the Naira with care; and as your Bank, we urge you to comply with this directive in order to improve the quality of our national currency.

SPONSORED
BREAKING NEWS

More in BREAKING NEWS

#APC rejects Senator #Kalu’s sack by #Abia Tribunal

Nija EyeSep 10, 2019

[BREAKING] #Buhari recalls #Nigerian #Ambassador to South Africa, pulls out of WES

Nija EyeSep 4, 2019
Supreme Court Dismisses Perjury Suit Against Buhari

Supreme Court Dismisses Perjury Suit Against Buhari

Nija EyeSep 3, 2019
(2023 PRESIDENCY) #Oshiomhole, #El-Eufai presidential campaign poster emerges (PHOTO)

(2023 PRESIDENCY) #Oshiomhole, #El-Eufai presidential campaign poster emerges (PHOTO)

Nija EyeSep 3, 2019
Prove to #IPOB that you didn't sponsor OPERATION PYTHON DANCE - Kanu's Lawyer tells South East Governors

Prove to #IPOB that you didn’t sponsor OPERATION PYTHON DANCE – Kanu’s Lawyer tells South East Governors

Nija EyeSep 3, 2019

You must ban #Miyetti #Allah – #CAN tells #Buhari

Nija EyeSep 1, 2019

[BREAKING] Boko Haram kill 8 soldiers, 5 still missing in Borno ambush

Nija EyeSep 1, 2019

Boko Haram attacks Chibok village, residents on the run

Nija EyeSep 1, 2019
South East Governors approve joint operations, to meet #Buhari

South East Governors approve joint operations, to meet #Buhari

Nija EyeAug 31, 2019