Avoid bank queues, visit PoS agents, CBN advises

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Ahead of the January 31, 2023 dateline for the circulation of old N200, N500 and N1,000 notes, the Central Bank of Nigeria, has urged bank customers not to panic.

CBN’s Director of Internal Audit Department, Lydia Alfa, speaking in Yola, the Adamawa State, urged depositors to patronise bank agents and Point Of Sale operators instead of waiting in long queues at bank premises.

Alfa, who was on the CBN’s compliance drive to Adamawa State, while answering questions from journalists, said the apex bank had a robust strategy in place to ensure the successful mopping up of the old notes into its coffers. She frowned at rejecting the old notes ahead of the due date of February 1, 2023, describing those rejecting them now as saboteurs.

Alfa said, “Let me start by saying that the bank has made it clear that those three denominations would cease to be legal tenders after 31st of January this year. What I mean is that they’ll continue to be legal tenders, they’ll continue to be expendable and to be used as medium of exchange. “Therefore, anyone saying I’ll not accept the old design notes is contravening in one way or the other. As far as today is concerned, the old N1,000, N500 and the old N200 notes are still legal tenders and should be accepted by the public.

 

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CBN is anti people.

A problems that CBN and other commercial Banks are yet to resolve, how can POS resolve it's. We know your intention, because history repeat itself. 1984 and 2023.( Leopard will never change her skin).

The central bank governor is not a serious man. The same person said he ban pos operators in Lagos and Abuja. I don die for this country

What a shame!

POS NA FREE..😢

This Govt na scam💔

Honestly,Govt officials in Abuja,are so completely cut frm d real life experiences of Nigerians.Does d CBN know dat d POS operators in some States Nigeria are hoarding d new Naira notes&are insistent on dispensing d old notes to customers?They claim they don't have d new currency

Funny leaders with no interest of their follower.

To receive old note that will expire on the 30th. Who be mumu na?

The POS operators don't even have the new notes, so visit them and do what

Are they (POS) will give us without charges ? cenbank

👏😂

Advice from a failing process. What happened TO Bank ATM machines?

cenbank where is POS agent going to get the cash no be bank dey play

Funny Country with no direction

I no understand.

cenbank my problem is that same bank pay me the same old note

I saw Adamawa state and not the entire Nigeria...so reframe your headline

Visit POS for million transfer, did cenbank know how much POS charge for a 1000 not to talk of huges transfer. cenbank extends d date.

Pos agents have tripped their charges

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