As per a news that was distributed by the Punch Paper online today, it was accounted for that scarcely three days after the National Bank of Nigeria (CBN), proclaimed that the old N1,000, N500 and N200 notes, stay legitimate delicate, Store Cash Banks in the nation, have begun hitting bottom financially.
It was accounted for that this turn of events, has prompted extreme difficulty and agonies for a few bank clients, who were trying to pull out reserves yesterday.
Nonetheless, while a source in the National Bank of Nigeria, was conversing with Punch reporter under the state of obscurity, that’s what he said, the zenith bank,.might not discharge the old notes in that frame of mind to business banks at any point in the near future, as he contended that, doing so may be commensurate to switching the “progress” it had accomplished on the credit only drive.
He said, “We probably won’t deliver old notes to banks again in light of the fact that doing so could switch the advancement we recorded. We have kept progress in the credit only arrangement thus, the old notes probably won’t be delivered back to banks.
