Lagos branch of CBN on Tinubu square Lagos Island, is milling with hundreds of Nigerians looking to deposit their old naira note.
Some of them said they have tried to generate the code but the website is not responding. The Kaduna State governor along with the governors of Kogi and other states had sued the federal government and the CBN over the short deadline given for the naira swap. The crowd of depositors having non of that asked the officials to make the request official, bursting suddenly into protest songs.
The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect.
But if it is more than 500,000, you will go to the CBN and deposit it.” A CBN official said, “Go to your bank but fill out the form before you go. Go with the reference code you generate.
Di Central Bank of Nigeria say bank customers fit deposit dia old N500 and N1000 to dia banks. But di amount dem go fit deposit to di banks no go pass N500 ...
Oda videos show some bank customers dey naked diasef to protest sake of say dem no see moni collect for bank. Dis one make some angry customers attack banks and stage protests for some parts of di kontri. Some banks don shut down to guarantee dia staff safety while some dey close early and also take oda preventive measures against kasala. Di policy cause kata-kata for many parts of di kontri as some banks dey hide di new naira notes and customers no see both new and old naira notes collect for counter and ATMs. Dem say di policy dey affect many Nigerians daily living as dem no fit access di new notes and di old naira notes too no dey available, so feeding and to do normal transactions don become problem for di kontri. Viral fotos and videos for social media show as hundreds of pipo gada for di Central Bank office for different parts of di kontri to deposit dia old naira notes as today - 17 February, 2023 na di deadline CBN bin give.
According to the CBN, the portal enables Nigerians who could not to take their old N1,000, N500 notes to commercial banks within the stipulated deadline to ...
We regret any inconvenience caused by this,” the notice reads. We will be back shortly. The Central Bank of Nigeria’s (CBN) portal designed for the collection of the old naira notes is out of service.
Some Nigerians who are still in possession of the old naira notes due to poor circulation of the newly designed currency had taken over the major cities across ...
And I don’t know if the branch where I work will be one of the designated ones because we were told that there would be designated branches to handle it.” “We were told that there would be designated banks that would handle it. However, we were asked to resume work on Friday morning.
On Friday, the CBN directed the banks to resume over the counter collection of the earlier outlawed banknotes.
[States](https://gazettengr.com/troops-neutralise-7-bandits-in-kaduna/) [States](https://gazettengr.com/dapo-abiodun-orders-banks-companies-in-ogun-to-disobey-buhari-or-have-cofo-revoked/) [States](https://gazettengr.com/residents-throng-ondo-market-to-swap-old-notes-for-foodstuffs/) We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages. In a broadcast Thursday morning, President Muhammadu Buhari approved the recirculation of only old N200 notes for a 60 days window, ending on April 10. Customers with large sums of money are to deposit them at branches of the apex bank nationwide, the directive stated.
The Central Bank of Nigeria (CBN) has asked banks to collect start collecting old N500 and N1,000 notes from customers.
President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023. “The attention of the Central Bank of Nigeria has been drawn to some fake and unauthorized messages quoting the CBN as having authorized the Deposit Money Banks to collect the old N500 and N1,000 Banknotes. The Central Bank of Nigeria (CBN) has denied asking banks to start collecting old N500 and N1,000 notes from customers.
Many Nigerians gada for Central Bank offices for dia states to deposit dia old N1000 and N500 notes. Dia intention na to beat the deadline. Protest happun for ...
Make you no allow artificial or illegal deadline to frighten you. Tori be say dem riot for Port Harcourt sake of di rejection of di old naira notes. Di protest happun for some areas for Rivers state and Nigeria commercial capital Lagos. Violence break out ova di swapping of di old naira notes and di scarcity of di new notes on Friday. Dia intention na to beat the deadline. Protest happun for parts of di kontri wey most pipo believe say na sake of di scarcity of di naira, Nigeria currency.
…urges people not to resort to violence. By James Ogunnaike, Abeokuta. Ogun State Governor, Dapo Abiodun, has called on the people and residents of the ...
My colleagues and I are working very hard to address the problem and ensure that our people do not suffer from unnecessary hardship”, he submitted. So, I appeal to you not to be violent, but go ahead and spend the old naira notes. “As good and laudable as the policy is, we are shocked at its implementation.
Governor Dapo Abiodun of Ogun State has threatened to revoke the Certificate of Occupancy of banks, corporation or stores rejecting the old naira notes.
“Commercial outlets are hereby reminded that there is an existing court order by the Supreme Court, the apex court in Nigeria, directing that old notes remain legal tender.” The governor in a short statement on Friday reminded commercial outlets that there is an existing court order by the Supreme Court, directing that the old notes remain legal tender. His words: “The Ogun State Government will be revoking the certificate of occupancy of any corporation or store that rejects old naira notes from members of the public in the state in exchange for goods and services.
The supreme court had temporarily restrained the federal government from implementing a deadline on the use of the old naira notes. However, the Central Bank of ...
A trader at Akute area of Ogun state, who identified herself simply as Alhaja, said: “I can’t collect the old notes because I can’t spend them. I’ll rather not take the risk of accepting them.” [Central Bank of Nigeria](https://www.cbn.gov.ng/) (CBN) has insisted on the deadline. However, the The park officials tried to intervene but it only resulted in more shouting. “We need to be pitying ourselves as fellow masses in this country.