CBN Orders Banks To Begin Over The Counter Payment Of New Naira Notes

The Central Bank of Nigeria (CBN) through Osita Nwanisobi, Director, Corporate communications on Thursday February 2, 2023 ordered commercial banks to begin the payment of the new naira notes to customers over the counter.Nwanisobi said the maximum daily payout limit is N20,000 only.He said...“In line with this resolve, the Governor, Mr. Godwin Emefiele, has directed deposit money banks (DMBs) to