“I Called Emefiele”: Soludo Tells Anambra Residents to Accept Old Naira Notes, Report Banks Rejecting Them

“I Called Emefiele”: Soludo Tells Anambra Residents to Accept Old Naira Notes, Report Banks Rejecting Them

  • Anambra's governor, Chukwuma Soludo, has called on residents to use old naira notes for business transactions
  • Soludo also asked residents to report commercial banks refusing to accept the old naira notes for deposit
  • He added that he had received confirmation from CBN Governor Godwin Emefiele on the new directive to accept old notes

Anambra State Governor, Chukwuma Soludo, has revealed that the Central Bank of Nigeria (CBN) has directed that banks dispense and accept old naira notes.

He stated this in a Facebook post on Monday, March 13 2023, while urging state residents to transact with old naira notes and report any banks that refuse to accept them.

Soludo on old naira notes
Soludo tells citizens to report banks rejecting old notes. Photo credit: @anambragovt
Source: UGC

Punch reports that Soludo also said the CBN confirmed that an individual or company has no deposit or withdrawal limit.

Soludo, a former CBN governor, further disclosed that the directive was given at a Bankers' Committee meeting held on Sunday, March 12, 2023, and was personally confirmed by the apex bank's governor, Godwin Emefiele, during a phone conversation.

Read also

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His Facebook post reads:

“Commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive the same as deposits from customers. Tellers at 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.
“The Governor of the CBN gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March 2023. The Governor, Dr Godwin Emefiele, personally confirmed the above to me during a phone conversation on Sunday night.
“Residents of Anambra are therefore advised to freely accept and transact their businesses with the old currency notes (N200; N500; and N1,000) as well as the new notes.
“Residents should report any bank that refuses to accept deposits of the old notes. The Anambra State Government will not only report such a bank to the CBN but will also immediately shut down the defaulting branch.”

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"Zenith *966*60#": Banks release codes for cardless cash withdrawal at ATMs

Meanwhile, in another report, Legit.ng revealed that commercial banks in Nigeria had introduced cardless ATM cash withdrawals.

To collect cash from an ATM without using a card, customers must generate a code on their mobile phones or through their mobile banking app.

The latest innovation in banking technology preaches convenience and comes at a time Nigerians are battling with cash scarcity.

Source: Legit.ng

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