11.1 C
New York
Tuesday, Apr 22, 2025
NIGERIA FRANK NEWS
Image default
BusinessTop-Stories

More Naira notes to be available as banks get old notes deposited with CBN

There are indications that more naira notes will be available as banks get old notes deposited with CBN today.

Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that before the end of the week, the country would be awash with Naira notes.

With this development, the cash crush experienced in recent time over the redisign of the old naira notes and subsequent order of the Supreme court for the old notes to still remain legal tender till the end of the year will gradually ease off.

Related posts

Air Peace takes delivery of another 2 new Airbus Aircraft, now has 10 Airbus Planes

franknewsng

Ethiopian begins passenger flight to Bulawayo, third destination in Zimbabwe

franknewsng

Zuckerberg visits Nairobi to see Kenyan innovation in action

franknewsng

Leave a Comment