Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,176,026 members, 7,896,322 topics. Date: Sunday, 21 July 2024 at 11:04 AM

Banks Battle New Naira Shortage Ahead Deadline - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Banks Battle New Naira Shortage Ahead Deadline (197 Views)

Confusion As New Naira Note Shortage Takes Toll On Nigerians!! / New Naira Notes Unveiled (Pictures) / Widespread Cash Supply Shortage Persists In Banks (2) (3) (4)

(1) (Reply) (Go Down)

Banks Battle New Naira Shortage Ahead Deadline by Supersnews: 6:19am On Jan 23, 2023
Today makes it 8 days to the January 31 deadline set by the Central Bank of Nigeria to stop the old N1,000, N500, and N200 notes from being legal tender, banks’ Automated Teller Machines in Lagos, Abuja and other parts of the country are still dispensing the old notes, findings by SUPERS.ng have revealed.

Despite the apex bank and depositing banks’ assurances that Nigerians would begin to receive the new naira notes from ATMs across different platforms, findings as of Sunday showed that many ATMs belonging to the financial institutions were dispensing the old notes.

Although some of the ATMs visited in Lagos, Abuja, Ogun, Osun, and Gombe, among others, dispensed the new notes, SUPERS.ng observed that banks were still loading a significant number of their ATMs with the old naira ntes which are due to be phased out by the CBN in about a week’s time.

When SUPERS.ng visited some bank ATMs along the Ikotun-Idimu Road, Lagos on Sunday morning, it was observed that several ATMs were dispensing the old notes with only a few dispensing the new notes.

While customers got the new notes from Sterling Bank ATM on the axis, Access Bank ATMs dispensed the old notes.

Findings by SUPERS.ng showed that five of the seven banks visited by our correspondent were still dispensing the old notes to customers.

At the Guaranty Trust Bank on 50, Ogunusi Road, Ojodu area of Lagos, all three ATMs adjacent to the main building of the bank were dispensing old notes around 1 pm when one of our correspondents visited the place.

When SUPERS.ng visited the ATMs at Access Bank in the same Ojodu axis, only the old naira notes were available to the customers.

Meanwhile, a different report was observed at all the ATMs in the premises of First Bank Plc located opposite Michael Agbaje World Outreach, Aina Junction, Ojodu.

All three ATMs were dispensing the newly redesigned naira notes when SUPERS.ng visited the bank.

However, the eight ATMs at the Zenith Bank located on Ogunusi Road were seen dispensing the old notes in different denominations.

Although some bank customers said they received the newly redesigned notes, when The PUNCH visited the United Bank for Africa’s ATMs in the area, some of the machines were however seen dispensing the old ones.

The ATMs located inside the premises of GTBank at Gate, Oke-Afa, Lagos, were seen dispensing a mixture of old and new notes, with the old notes surpassing the new ones.

https://supers.ng/banks-battle-new-naira-shortage-ahead-deadline/

Re: Banks Battle New Naira Shortage Ahead Deadline by everythinggirly(f): 6:36am On Jan 23, 2023
Money wey dey like something wey lack blood. grin

1 Like

Re: Banks Battle New Naira Shortage Ahead Deadline by Abfinest007(m): 6:49am On Jan 23, 2023
They will extend it

1 Like

Re: Banks Battle New Naira Shortage Ahead Deadline by egojeny1(f): 9:15am On Jan 23, 2023
everythinggirly:
Money wey dey like something wey lack blood. grin
I tire. I wonder how the new 1000 note is better than the old one

1 Like

Re: Banks Battle New Naira Shortage Ahead Deadline by orisa37: 3:06pm On Jan 23, 2023
Supersnews:
Today makes it 8 days to the January 31 deadline set by the Central Bank of Nigeria to stop the old N1,000, N500, and N200 notes from being legal tender, banks’ Automated Teller Machines in Lagos, Abuja and other parts of the country are still dispensing the old notes, findings by SUPERS.ng have revealed.

Despite the apex bank and depositing banks’ assurances that Nigerians would begin to receive the new naira notes from ATMs across different platforms, findings as of Sunday showed that many ATMs belonging to the financial institutions were dispensing the old notes.

Although some of the ATMs visited in Lagos, Abuja, Ogun, Osun, and Gombe, among others, dispensed the new notes, SUPERS.ng observed that banks were still loading a significant number of their ATMs with the old naira ntes which are due to be phased out by the CBN in about a week’s time.

When SUPERS.ng visited some bank ATMs along the Ikotun-Idimu Road, Lagos on Sunday morning, it was observed that several ATMs were dispensing the old notes with only a few dispensing the new notes.

While customers got the new notes from Sterling Bank ATM on the axis, Access Bank ATMs dispensed the old notes.

Findings by SUPERS.ng showed that five of the seven banks visited by our correspondent were still dispensing the old notes to customers.

At the Guaranty Trust Bank on 50, Ogunusi Road, Ojodu area of Lagos, all three ATMs adjacent to the main building of the bank were dispensing old notes around 1 pm when one of our correspondents visited the place.

When SUPERS.ng visited the ATMs at Access Bank in the same Ojodu axis, only the old naira notes were available to the customers.

Meanwhile, a different report was observed at all the ATMs in the premises of First Bank Plc located opposite Michael Agbaje World Outreach, Aina Junction, Ojodu.

All three ATMs were dispensing the newly redesigned naira notes when SUPERS.ng visited the bank.

However, the eight ATMs at the Zenith Bank located on Ogunusi Road were seen dispensing the old notes in different denominations.

Although some bank customers said they received the newly redesigned notes, when The PUNCH visited the United Bank for Africa’s ATMs in the area, some of the machines were however seen dispensing the old ones.

The ATMs located inside the premises of GTBank at Gate, Oke-Afa, Lagos, were seen dispensing a mixture of old and new notes, with the old notes surpassing the new ones.

https://supers.ng/banks-battle-new-naira-shortage-ahead-deadline/



NIGERIA CBN IS IN COMA !!!

1 Like

(1) (Reply)

The Best Part Of Affiliate Marketing That No One Will Tell You / Durable And Cost-effective Garbage Bags- Singhal Industries Private Limited / CAR-TEE-CAR Business Opportunity: What Is The Price Of Garri In Your Area ?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 16
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.