Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,077 members, 7,807,223 topics. Date: Wednesday, 24 April 2024 at 11:16 AM

CBN Instructs Banks To Open Weekends - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Instructs Banks To Open Weekends (33879 Views)

Banks To Pay Customers Money Sent From Abroad In Naira / CBN Instructs Banks To Load N200 And Below Denominations In Atms / CBN Orders Banks To Spy On 19 Persons (Full List) (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

CBN Instructs Banks To Open Weekends by ogododo: 3:19pm On Mar 24, 2023
Central Bank of Nigeria has directed all commercial banks to open for operation on Saturdays and Sundays, as part of a coordinated effort to ease circulation of banknotes of various denominations.

The apex bank also confirmed the evacuation of banknotes from its vaults to commercial banks across the country.

This latest development was disclosed in a statement signed by CBN Acting Director, Corporate Communications Department, Isa AbdulMumin, in Abuja, on Friday afternoon.

The statement noted that, a substantial amount of money, in various denominations, had been received by commercial banks, for onward circulation to their respective customers, even as it prevailed on banks, to conduct physical operations in banking halls through the weekends.

Excerpts of the statement read: “The CBN has directed all banks to load their Automated Teller Machines, as well as conduct physical operations in the banking halls through the weekends.

“Branches of commercial banks will operate on Saturdays and Sundays to attend to customers’ cash needs.

“The Governor of Central Bank of Nigeria, Mr Godwin Emefiele, would personally lead teams to monitor the level of compliance by the banks in various locations across the country,” it stressed.


The bank, therefore, urged Nigerians to be patient, as the current situation would ease soon, with the injection of more banknotes into circulation.

The PUNCH reports that authorities have stepped up efforts to end the biting currency scarcity that has inflicted pain on millions of bank customers nationwide, after a Supreme Court ruling, and a proposed protest by Nigeria Labour Congress, scheduled for next week.


https://punchng.com/cbn-instructs-banks-to-open-weekends/

15 Likes 3 Shares

Re: CBN Instructs Banks To Open Weekends by newdawnlive: 3:23pm On Mar 24, 2023
good move

8 Likes 4 Shares

Re: CBN Instructs Banks To Open Weekends by baralatie(m): 3:23pm On Mar 24, 2023
Some branches have closed as at 1 today

72 Likes 8 Shares

Re: CBN Instructs Banks To Open Weekends by saintjimos(m): 3:23pm On Mar 24, 2023
Great

3 Likes 2 Shares

Re: CBN Instructs Banks To Open Weekends by superCleanworks(m): 3:29pm On Mar 24, 2023
The total money spent on this back and forth hullabaloo must never be disclosed.

- total cost of printing
- legal fees
- cost of distribution of new notes
- cost of collection of old notes
- total collateral damage (damaged businesses & lost lives)
- cost of pushing back old notes to society
- cost of overtime paid to bankers
- cost of failed transactions & POS inflations.
- total time wasted (time is money)

230 Likes 25 Shares

Re: CBN Instructs Banks To Open Weekends by ogododo: 3:31pm On Mar 24, 2023
Buhari and Emefiele una papa. After severe pains to de land.

85 Likes 7 Shares

Re: CBN Instructs Banks To Open Weekends by Mercury12(m): 3:42pm On Mar 24, 2023
Las las bald headed emifi ediot will be arrested.
All these moves now can't make Nigerians forgive you

72 Likes 8 Shares

Re: CBN Instructs Banks To Open Weekends by Boomkalakuta: 3:45pm On Mar 24, 2023
Mercury12:
Las las bald headed emifi ediot will be arrested.
All these moves now can't make Nigerians forgive you

You forgot to call Buhari who Emefiele answer to

Corn robot

55 Likes 3 Shares

Re: CBN Instructs Banks To Open Weekends by SmartPolician: 3:47pm On Mar 24, 2023
Stop circulating the ugly mutilated naira notes. Print and release the new notes that you people promised us.

45 Likes 2 Shares

Re: CBN Instructs Banks To Open Weekends by Mercury12(m): 3:48pm On Mar 24, 2023
ogododo:
Buhari and Emefiele una papa. After severe pains to de land.
no be small suffer. U get money u no fit use am. Oya do transfer. U do am transfer e no go. But dem don deduct money and the other person no see money. All my money wey hang I never see am till now

We don start to buy naira. Naira come turn to Gold overnight. Omo!
E no fit better for emifieEediot o

27 Likes 3 Shares

Re: CBN Instructs Banks To Open Weekends by olatade(m): 3:49pm On Mar 24, 2023
The fear of NLC

23 Likes 3 Shares

Re: CBN Instructs Banks To Open Weekends by Mercury12(m): 3:49pm On Mar 24, 2023
SmartPolician:
Stop circulating the ugly mutilated naira notes. Print and release the new notes that you people promised us.

The ediot say paper to print new notes no dey. I weak

17 Likes 1 Share

Re: CBN Instructs Banks To Open Weekends by Mercury12(m): 3:56pm On Mar 24, 2023
Boomkalakuta:


You forgot to call Buhari who Emefiele answer to

Corn robot
BuBu own nah to sign anything.
Agbawo sign anything signable without checking or asking questions.
So he is part of the blame too you pained IPOB apologist...

Emifiediot is CBN gov so he responsible for this miscalculated and senseless policy at this time.
He takes larger part of the blame

13 Likes 3 Shares

Re: CBN Instructs Banks To Open Weekends by Beremx(f): 3:58pm On Mar 24, 2023
So what was the essence of the scarcity of the naira notes if not to inflict hardship on Nigerians. New notes not available, only available to the highest bidder.

Nonsense

41 Likes 2 Shares

Re: CBN Instructs Banks To Open Weekends by Boomkalakuta: 3:58pm On Mar 24, 2023
Mercury12:

BuBu own nah to sign anything.
Agbawo sign anything signable without checking or asking questions.
So he is part of the blame too you pained IPOB apologist...

Emifiediot is CBN gov so he responsible for this miscalculated and senseless policy at this time.
He takes larger part of the blame

When buhari ruled the first time he changed the naira was that the fault of emifele?

Or you did not search his history before you joined other mouth odour neighbors to shout sai baba

OPC terrorist

12 Likes 2 Shares

Re: CBN Instructs Banks To Open Weekends by DonBenny77(m): 4:06pm On Mar 24, 2023
Dirty bank notes

7 Likes 1 Share

Re: CBN Instructs Banks To Open Weekends by Mercury12(m): 4:09pm On Mar 24, 2023
Boomkalakuta:


When buhari ruled the first time he changed the naira was that the fault of emifele?

Or you did not search his history before you joined other mouth odour neighbors to shout sai baba

OPC terrorist

Why the unnecessary arguments and back and forth? If you want to kee Bubu for what he did years back then go meet him in aso rock.
You are just a pained obi zombie and nothing else...

15 Likes 3 Shares

Re: CBN Instructs Banks To Open Weekends by Boomkalakuta: 4:12pm On Mar 24, 2023
Mercury12:


Why the unnecessary arguments and back and forth? If you want to kee Bubu for what he did years back then go meet him in aso rock.
You are just a pained obi zombie and nothing else...

A confused OPC terrorist did not know Buhari changed naira before.

Now you are holding Emefele who takes order from Buhari.

Why not hold Buhari oh wait Fulani votes .

Coward

13 Likes 1 Share

Re: CBN Instructs Banks To Open Weekends by ogododo: 4:17pm On Mar 24, 2023
Mercury12:
no be small suffer. U get money u no fit use am. Oya do transfer. U do am transfer e no go. But dem don deduct money and the other person no see money. All my money wey hang I never see am till now

We don start to buy naira. Naira come turn to Gold overnight. Omo!
E no fit better for emifieEediot o

Nlfpmod.
Mynd44
Re: CBN Instructs Banks To Open Weekends by ogododo: 4:19pm On Mar 24, 2023
Mercury12:
no be small suffer. U get money u no fit use am. Oya do transfer. U do am transfer e no go. But dem don deduct money and the other person no see money. All my money wey hang I never see am till now

We don start to buy naira. Naira come turn to Gold overnight. Omo!
E no fit better for emifieEediot o
When we dey wan se na so brutality bubu dey in 1983/1985,some kids no believe. Dem don witness am now.

2 Likes

Re: CBN Instructs Banks To Open Weekends by Mercury12(m): 4:19pm On Mar 24, 2023
Boomkalakuta:


A confused OPC terrorist did not know Buhari changed naira before.

Now you are holding Emefele who takes order from Buhari.

Why not hold Buhari oh wait Fulani votes .

Coward

You so naive.
A boy that think himself smart.
I don't get in dick measuring contest with boys.
BTW you still yet to make a reasonable point.
Now get off mentions and go wail outside. Pain toxic losers everywhere undecided

6 Likes 3 Shares

Re: CBN Instructs Banks To Open Weekends by Boomkalakuta: 4:20pm On Mar 24, 2023
Mercury12:


You so naive.
A boy that think himself smart.
I don't get in dick measuring with boys.
BTW you still yet to make a reasonable point.
Now get off mentions and go wail outside. Pain toxic losers everywhere undecided


Accommodating landlord without brain

3 Likes 1 Share

Re: CBN Instructs Banks To Open Weekends by Mercury12(m): 4:22pm On Mar 24, 2023
ogododo:

When we dey wan se na so brutality bubu dey in 1983/1985,some kids no believe. Dem don witness am now.
no be small thing o. Naija people don dey do suffering and smiling tey tey .

1 Like

Re: CBN Instructs Banks To Open Weekends by Mercury12(m): 4:22pm On Mar 24, 2023
Boomkalakuta:



Accommodating landlord without brain
Abeg gettat

2 Likes 1 Share

Re: CBN Instructs Banks To Open Weekends by Boomkalakuta: 4:25pm On Mar 24, 2023
Mercury12:

Abeg gettat

Go beg night food

8 Likes 1 Share

Re: CBN Instructs Banks To Open Weekends by seunlayi(m): 4:28pm On Mar 24, 2023
Better
Re: CBN Instructs Banks To Open Weekends by paskal16: 4:28pm On Mar 24, 2023
Access bank no go hear this one o

1 Like

Re: CBN Instructs Banks To Open Weekends by Omoawoke: 4:29pm On Mar 24, 2023
Chai bank workers don suffer

1 Like

Re: CBN Instructs Banks To Open Weekends by SpecialAdviser(m): 4:29pm On Mar 24, 2023
What agbado Urchins don't know is that Buhari still directs activities in CBN.

They will be attacking Emefiele.
Election is over. Time to release cash.

1 Like

Re: CBN Instructs Banks To Open Weekends by vastolord4(m): 4:29pm On Mar 24, 2023
When some people thought you had things under control, you failed like a failure.. now bankers can continue their romance even on the weeknd.. if u know u know
Re: CBN Instructs Banks To Open Weekends by Johnjustice: 4:29pm On Mar 24, 2023
Emefiele is a problem.

3 Likes

Re: CBN Instructs Banks To Open Weekends by Sholaco: 4:29pm On Mar 24, 2023
May God punish Emefiele and Obi plus Atiku

5 Likes 2 Shares

(1) (2) (3) (4) (5) (Reply)

International Airlines To Reduce Flights To Nigeria Next Year / 'Never Be Ashamed Of Your Hustle' - Man Who Sells Yam Advises / You Can Only Have A Maximum Of $10,000 In Domicilary Account - Stanbic IBTC

(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. 33
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.