Uncertainty as banks grumble over inadequate supply of new naira notes by CBN
Commercial banks in Nigeria are grumbling due to inadequate supply of the new naira notes by the Central Bank of Nigeria (CBN) as pressure mounts ahead of the 31 January deadline for the circulation of the old notes, bank officials and security sources told PREMIUM TIMES on Saturday.
Godwin Emefiele, governor of Central Bank of Nigeria (CBN).
In a last-minute move to improve the circulation of the new naira notes, the apex bank has intensified efforts by providing the new notes to banks for onward circulation…