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AFTER many businesses have collapsed and many casualties recorded, the Central Bank of Nigeria (CBN) has finally directed commercial banks to dispense old currency notes and to also receive same as deposits from customers, according to Governor Chukwuma Charles Soludo of Anambra State, who is a former CBN Governor.
Daily Trust had exclusively reported how some commercial banks commenced payment of the old naira notes last week.
The Anambra Governor said tellers at the commercial banks are to generate the codes for deposits and there is no limit to the number of times an individual or company can make deposits.
Soludo said the CBN Governor gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March, 2023.
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