• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

New banknotes available for collection, Emefiele tells banks

Banknotes

The Matters Press by The Matters Press
January 19, 2023
Reading Time: 2 mins read
0
Experts validate Nigeria’s implementation strategies for success under AfCFTA

The Central Bank Governor, Mr Godwin Emefiele, has called on commercial banks to approach the apex bank branches across the country to pick up the new naira notes.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Emefiele made the call when the apex bank took its sensitisation tour on the adoption of the newly redesigned naira notes to Computer Village, Ikeja, on Wednesday in Lagos.

He said that the new naira notes were in the apex bank’s vaults awaiting pick up by the commercial banks.

“We have been calling upon the banks to approach the Central Bank of Nigeria across the country to come and pick up the new notes; we have even waived some of the conditionality for accessing currency notes in order to accommodate the banks.

“The banks were being given slots before, but now the Central Bank of Nigeria is bending over backward to accommodate the demands of the banks in order to service them, so that they can service you and so that everybody will have access to the new naira notes,’’ Emefiele said.

Emefiele who was represented by Mr Kofo Salam-Alada, Director, Legal Services Department, CBN, said that the apex bank was seriously working to ensure that the new notes permeated everywhere.

He said that the apex bank was currently going round commercial banks to monitor banks and their Automated Teller Machines (ATMs) to ensure that they stopped paying customers the new naira notes over the counter but via the ATMs.

Emefiele said: “part of what we are doing is that we have monitors going around the banks now, I have been to some ATMs this morning and I’ve lodged a report and I’ve spoken to the management of the various banks.”

He also said that penalties await any bank which failed to come and pick up the new notes and failure to lodge money into their ATM machines.

He assured the marketers that the experiences they were having would soon be sorted out.

Emefiele urged them to call these numbers- 08176657641, 08176657642, 08176656721, 07080650791, and send messages to newnaira@cbn.gov.ng, should they have any problem accessing the new notes.

Emefiele reiterated that the Jan. 31 deadline for the submission of the old naira notes was sacrosanct, urging people to go and deposit their old notes and not to be caught unawares.

He urged people to also make use of the enaira and other electronic channels to transact their banking business, adding that the apex bank was already taking steps to increase the number of merchants to good position where enaira would become acceptable.

The President of the Coalition of Associations in Computer Village, Mr Timmy David, urged the CBN to enforce their mandate by ensuring that the new notes were accessible before the deadline.

“There should be no banks that should not be given the new naira notes from the ATMs, all ATMs should load the new naira notes.

“As we are giving the old notes, we should be able to take back the new notes; this will enable people to transact their day to day business. If the machines are not dispensing the new notes, then it will not circulate,’’ he said.

Emefiele and his team visited the Palace of the Olu of Ikeja Land, and was received by the Olukosi of Ikeja Land, Chief Lateef Oluseyi.

Emefiele briefed him on the apex bank’s new policies and its decision to change the old 1,000, 500 and 200 denominations.

He also washed the new N1000 note with water to clear the doubts of some sections of society about authenticity of the new notes.

Tags: Banknotes
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
Council seeks incentives to boost indigenous ship operations

18 ships discharge goods at Lagos ports

First bank commits to spur SMEs

FirstBank holds 2023 economic outlook webinar

Recommended Stories

Buhari presents N8.8trn 2019 budget

Senate approves 2022-2024 external borrowing plan of $7.4bn, €100m

December 31, 2023
64.5m victims of humanitarian crisis in ecowas region face fresh trouble

64.5m victims of humanitarian crisis in ecowas region face fresh trouble

March 27, 2024
Trading in Nigerian stock market dips further N83bn

Stock market indices reverse negative trend, down by 0.01%

March 14, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us