Commercial banks will now pay customers over-the-counter in N100, N50, N20, N10, and N5 notes, regardless of the amount withdrawn.
The Banker’s Committee issued the directive to all commercial banks in the country, as well as an announcement that the payment of old N1,000, N500, and N200 notes across the counter should be discontinued.
With this development, bank customers are encouraged to use their alternative channels for transactions, while those who insist on the new naira notes are advised to use Automated Teller Machines (ATMs).
The directive was issued on Monday, following a meeting of the bankers’ committee in Lagos.
UK-based Nigerian artist BUCHI links up with American-based Nigerian artist QNZY to release “FINER”…
Barrister Joy Ameh Okpainmo, Front-Runner for the Apa/Agatu Federal House of Representatives seat, has…
In a remarkable show of support and encouragement, renowned legal practitioner Barrister Godwin Obla (SAN)…
Daily Asset Newspaper has honoured the Benue State African Democratic Congress (ADC) governorship aspirant…
Governor of Benue State, Rev. Fr. Hyacinth Alia, has announced plans to immortalise the…
Senator representing Benue North-West Senatorial District, Titus Zam, has said that meaningful political inclusion for…