JUST-IN: CBN Directs Commercial  Banks To Open On Saturdays, Sundays For Currency Disbursement

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The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations.

The CBN has also directed all commercial banks to open for operations on Saturdays and Sundays.

Acting director, corporate communications department of the CBN, Dr. Isa AbdulMumin, disclosed this in a statement in Abuja on Friday.

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Dr AbdulMumin stated that a substantial amount of money, in various denominations, had been received by the commercial banks for onward circulation to their respective customers.

According to him, the CBN had directed all banks to load their Automated Teller Machines (ATMs) as well as conduct physical operations in the banking halls through the weekends.

“Branches of commercial banks will operate on Saturdays and Sundays to attend to customers’ cash needs,” he noted, adding that the governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, would personally lead teams to monitor the level of compliance by the banks in various locations across the country.

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He, therefore, urged Nigerians to be patient as the current situation would ease soon with the injection of more banknotes into circulation.

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1 Comment

  1. Soj sir , this is not the solution to all this issues in our country ,
    Going to strike , come back when?

    Let our government tell us day want to reduce the number of people In. Our land

    Let’s called a sped a sped ,

    Our leaders are making luv with there charm y the concubine is in there pocket

    We all In our land nos the truth ,
    We value outsides more than indegenies

    The solutions ,
    1.. free the cash
    2..let all man go and lean handwrk, or trade , let put it most to all My country people
    3.. stand all our factoryscompanys,
    4.. reduce all our Govanors , senators, house of rep , money day collect every month.
    5.. let our revenue , in the state be settle according to the way u bring to our government.
    6.. map out an percentage to all citizens
    7… Above 55year old shld stop handling any govarment facilitys
    8.. build up Strong security arm foces ,
    9… Protection of land , in every state
    10..All hands in deck of our

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