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CBN deadline: First Bank opens Saturday, Sunday to receive old naira notes

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CBN deadline: First Bank opens Saturday, Sunday to receive old naira notes

Newspeak Reporter by Newspeak Reporter
January 27, 2023
in Business
Reading Time: 1 min read
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CBN deadline: First Bank opens Saturday, Sunday to receive old naira notes
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By Emmanuel Adeleke

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The management of First Bank of Nigeria (FBN) has said its branches will operate on Saturday and Sunday to receive old naira notes.

This was disclosed in a notice posted on the bank’s official Twitter account, on Friday.

“This is to notify the general public that all our branches will be open on Saturday and Sunday just to receive cash.

“All old Naira notes of series 200, 500, and 1000 will cease to be in use from the 31st of January,” the bank wrote

Recall that the Central Bank of Nigeria (CBN) had on December 15, 2022, introduced new series of naira 200, 500, and 1000 naira notes, and directed Nigerians to remit all the old naira notes by January 31, 2023.

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