CBN Orders Banks to Collect Old N500, N1,000 Notes
Consequently, the CBN opened a portal for people with the old N500 and N1,000 notes to register how much they want to deposit and to get a reference code to confirm there registration.
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Consequently, the CBN opened a portal for people with the old N500 and N1,000 notes to register how much they want to deposit and to get a reference code to confirm there registration.
Buhari had in a national broadcast on Thursday, ordered that the old N200 banknotes remain in circulation till April 10, while the old N500 and N1,000 bills cease to serve as legal tender.
This warning came on the heels of attacks on bank facilities in several parts of the country following the naira crunch.
According to El-Rufai, the final goal is to see that the military takes over Nigeria even as they would be made to step in as to stop the imbroglio occasioned by a life made unbearable for millions of Nigerians.
Alhaji Ayodimeji also called on the CBN to support other alternative financial payment solutions, to ameliorate the unpleasant situation, which is gradually crumbling the entire economy of the nation.
The CBN Governor, as directed by the President, explained that the cashless policy was a global policy. “Nigeria must go cashless. It is a global policy, checking insecurity and fighting corruption,” he said.
Prof Dantani Ibrahim Wushishi explained that of the four blacklisted supervisors two are from Ogun state and one each from Rivers and Plateau state.
The Chairman of the Conference Ambassador Ibrahim A Waiya, stated during a media briefing held at Chila Hotel Kano.
The 67-year-old was diagnosed with aphasia – which causes difficulties with speech – in spring last year, but this has progressed and he has been given a more specific diagnosis, the family said.
After a good deal of thought, I’ve decided to pursue new challenges,” the 66-year-old was quoted as saying in a statement from the bank, having informed its board of his decision.