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Deposit bad naira notes in bank before Monday, CBN tells Nigerians

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The Central Bank of Nigeria has directed Nigerians to deposit mutilated Naira notes in any bank branch closer to them.

The apex bank said this was part of its efforts to improve the overall quality of the Naira notes in circulation.

The information was contained in an email message sent by the GTBank to its customers on Friday.

Entitled, “Important CBN Notice on Naira Notes,” the email states:

As part of its efforts to improve the overall quality of the Naira notes in circulation, the Central Bank of Nigeria (CBN) has introduced the Clean Note Policy and Banknotes Fitness Guidelines.

What does this mean for you?

If you have in your possession, overused or mutilated Naira notes, you are required by the Central Bank of Nigeria (CBN) Clean Note Policy to deposit such notes at any (bank) branch near you on or before Monday, September 2, 2019.

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