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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.

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