CBN SUPPLIES MORE NEW NOTES TO BANKS

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With rising concerns around the seeming disappearance of newly redesigned notes, the Central Bank of Nigeria has said it is supplying more quantities of the new notes to banks.

This was according to a statement by the CBN’s Acting Director, Corporate Communications, Dr Isa AbdulMumim, which was sent to our correspondent on Sunday.

Banks are expected to disburse the new currencies to their customers via over-the-counter payments and Automated Teller Machines.

The statement by the CBN read, “We wish to reiterate that the new and old currency notes have been circulating side by side just as the bank has been taking delivery of a good quantity of the redesigned bank notes from the Nigerian Security Printing and Minting Company Limited.

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