The Central Bank of Nigeria on Oct. 26, 2022 announced the introduction of the redesigned N200, N500 and N1,000 notes into the economy.
Buhari sympathised with Nigerians over the difficulties in accessing the new Naira notes and said his admininistration would continue to assess the implementation of the cash swap policy.Correspondents of the News Agency of Nigeria who checked the situation on Mainland and Island areas of Lagos, reported that after the government directive, most banks’ ATMs were loaded with the old N200 notes.
Okebunor, however, said that many of them were not literate enough to understand the whole process leading to losses on their part. A bus driver along the Lekki-Epe axis, Mr Olatoye Gbadamosi, revealed that both old and new N200 notes were available for use. “Many people would enter the shop and do transfer to us and when we go to collect the money from pay point agents, we usually pay charges, so it was not easy.
He added that bank transactions were also at least 80 per cent successful when compared to the last two weeks.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lagos CP, Idowu assures Lagosians of sustained security | The Guardian Nigeria News - Nigeria and World NewsThe Lagos State Commissioner of Police, Idowu Owohunwa, has assured residents and visitors to Lagos State that the Command would leave no stone unturned to prevent the breakdown of law and order in the State.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Election: Lagos PDP solidly behind Atiku – Jandor | The Guardian Nigeria News - Nigeria and World NewsDr Abdul-Azeez Adediran (Jandor), the Peoples Democratic Party (PDP) governorship candidate in Lagos State, has condemned a viral video where some individuals in branded PDP uniforms were seen campaigning for the presidential candidate of the Labour Party (LP), Mr Peter Obi.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
13,500 women benefit from Lagos skill acquisition programme | The Guardian Nigeria News - Nigeria and World NewsTrains 2,100 In 2023 The Lagos State Ministry of Women Affairs and Poverty Alleviation (WAPA), says it has facilitated the training of about 13,500 women through various skill acquisition programmes. In a statement, yesterday, the Commissioner for Women and Poverty Alleviation, Cecilia Bolaji Dada, disclosed this while speaking at the year 2023 Micro-enterprise Support Scheme […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Insecurity risks test Nigeria election preparations | The Guardian Nigeria News - Nigeria and World NewsIn rural northwest Nigeria, the area of Birnin Gwari often hits the headlines for attacks and abductions by bandit militias who terrorise its communities.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Troops neutralise 7 bandits in Kaduna State | The Guardian Nigeria News - Nigeria and World NewsA combined troops of the Nigerian Army and Navy, have neutralised seven bandits during clearance operations in the Kasso general area of Chikun Local Government Area of Kaduna State.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Saudis join race to buy Manchester United | The Guardian Nigeria News - Nigeria and World NewsSaudi Arabia has joined the race to buy Manchester United ahead of Friday's nominal deadline, according to a report in Britain's Daily Telegraph, raising the stakes in what could be the most lucrative deal in sports history. Saudis and Qataris
Source: GuardianNigeria - 🏆 1. / 94 Read more »