Glamtush
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Metro/Crime
    • Nigeria News
    • Photo News
    • World News
  • Politics
  • Business & Brands
  • Entertainment
    • Celebrities
    • Movies
    • Music
    • Telemundo
    • Telenovelas
  • Sports
  • Fashion
    • Accessories
    • Celeb Style
    • Designers
    • Lookbook
    • Style Crush
    • Trends
    • Who Wore It Better
  • Features
    • Dear Angie
    • Interviews
    • Opinions
  • Beauty
    • Hair
    • Skin
    • Nails
  • Lifestyle
    • Career
    • Food & Drinks
    • Fitness
    • Travels
    • Weddings
  • Events
  • Relationship
  • Home
  • News
    • Education
    • Health
    • Metro/Crime
    • Nigeria News
    • Photo News
    • World News
  • Politics
  • Business & Brands
  • Entertainment
    • Celebrities
    • Movies
    • Music
    • Telemundo
    • Telenovelas
  • Sports
  • Fashion
    • Accessories
    • Celeb Style
    • Designers
    • Lookbook
    • Style Crush
    • Trends
    • Who Wore It Better
  • Features
    • Dear Angie
    • Interviews
    • Opinions
  • Beauty
    • Hair
    • Skin
    • Nails
  • Lifestyle
    • Career
    • Food & Drinks
    • Fitness
    • Travels
    • Weddings
  • Events
  • Relationship
No Result
View All Result
Glamtush
No Result
View All Result
Home News

CBN Warn Banks To Stop Loading Old Notes In ATMs Or Face Penalty

byGLAMTUSH
January 10, 2023
in News, Nigeria News
CBN
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

CBN has warned banks to stop loading old notes in ATMs or face the penalty.

 

Glamtush reports that on Monday, the Central Bank of Nigeria (CBN) ordered the nation’s commercial banks to make sure they adhered to the instruction to load the newly redesigned naira notes in their automated teller machines (ATMs).

READ ALSO

Gbajabiamila Threatens Emefiele With Arrest Over Naira Notes Swap

CBN Unveils National Domestic Card Scheme

This online platform understands that CBN Director, Currency Operations, Mr Ahmed Umar, stated this in Abuja on Monday.

Umar, who spoke at the Training Session for State Directors, National Orientation Agency (NOA) on Redesign of Currency Notes Policy, said commercial banks should stop putting old notes in ATMs or face a penalty.

According to Umar, the CBN’s directive was to implement the January 31 deadline withdrawal of old naira notes (N200, N500 and N1000) in circulation.

Umar said, “We, CBN management, have mandated banks to stop putting old notes in their ATM machines. They should only put the new notes.

“And there is a serialisation of the policy that they can put either N500, N1000 or N200 notes whichever denomination they have or combination of any of those notes, they should just put a new note in their machines.

“We’re going to monitor to ensure that the banks comply, and if they don’t, we’ve penalty for non-compliance.”

 

Related

READ ALSO  CBN Retains Key Lending Rates Despite Economic Recession

Related Posts

Naira Notes
News

Gbajabiamila Threatens Emefiele With Arrest Over Naira Notes Swap

January 26, 2023
CBN
News

CBN Unveils National Domestic Card Scheme

January 26, 2023
Former JAMB Registrar Ojerinde
News

ICPC Re-Arrests Former JAMB Registrar Ojerinde

January 26, 2023
Nigeria
News

Nigeria Deports 70 Koreans, Egyptians, Others In Two Years

January 26, 2023
Senate
News

Senate Resumes After Presidential Election, Buhari’s Loan Request Delayed

January 26, 2023
Atiku
News

Atiku Backs US Visa Ban On Election Riggers

January 26, 2023
Next Post
Philemon Mulala

Ex-Zambian Footballer, Philemon Mulala Killed By His Dogs In South Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

E-Magazine Covers

GTCO Fashion Weekend
Lace Styles
Tinubu Didn’t Blame Buhari For Current Challenges In The country – Says Onanuga

Tinubu Didn’t Blame Buhari For Current Challenges In The country – Says Onanuga

January 26, 2023
Naira Notes

Gbajabiamila Threatens Emefiele With Arrest Over Naira Notes Swap

January 26, 2023
CBN

CBN Unveils National Domestic Card Scheme

January 26, 2023
Former JAMB Registrar Ojerinde

ICPC Re-Arrests Former JAMB Registrar Ojerinde

January 26, 2023
Healthgarde

Rugby Star, ‘The Beast’ Mtawarira Is Healthgarde’s New Brand Ambassador

January 26, 2023
Tax Dialogues

As FIRS under Nami Jumpstarts The Economy

January 26, 2023
Tinubu Campaign

The Synopsis Of Primate Ayodele’s Fulfilled Prophecy On Tinubu’s Presidential Ambition

January 26, 2023
Nigeria

Nigeria Deports 70 Koreans, Egyptians, Others In Two Years

January 26, 2023
Voting For Atiku

Voting For Atiku Will Be Great Mistake, Says Whistleblower

January 26, 2023
Senate

Senate Resumes After Presidential Election, Buhari’s Loan Request Delayed

January 26, 2023

Glamtush is a fashion, beauty and lifestyle online magazine. We bring to you latest trends in fashion, beauty and lifestyle as well as those making the fashion world interesting and adorable.

  • About Us
  • Advertise
  • Terms And Conditions
  • Write for Us

© 2022 Glamtush

No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Metro/Crime
    • Nigeria News
    • Photo News
    • World News
  • Politics
  • Business & Brands
  • Entertainment
    • Celebrities
    • Movies
    • Music
    • Telemundo
    • Telenovelas
  • Sports
  • Fashion
    • Accessories
    • Celeb Style
    • Designers
    • Lookbook
    • Style Crush
    • Trends
    • Who Wore It Better
  • Features
    • Dear Angie
    • Interviews
    • Opinions
  • Beauty
    • Hair
    • Skin
    • Nails
  • Lifestyle
    • Career
    • Food & Drinks
    • Fitness
    • Travels
    • Weddings
  • Events
  • Relationship

© 2022 Glamtush