By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: CBN Currency Deadline: CSOs Takes Cashless Policy, New Naira Note Campaigns to Abuja Market
Share
Sign In
Notification Show More
Latest News
Knight Frank Nigeria Celebrates 60 Years of Excellence in Real Estate
Business Metro News
Niger Courts Dangote Group’s Partnership To Unlock Crude Oil Potentials
Business Metro News
ELRA grants penalty waiver for early 2025 lease registrations
Business News
Children’s Day Celebration: Mayor of Orumba North Fetes children, tasks them on education
Metro News
NiMet SAPZ Partner to Empower Smallholder Farmers Across Agro Processing Zones
Aviation Business
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > CBN Currency Deadline: CSOs Takes Cashless Policy, New Naira Note Campaigns to Abuja Market
Business

CBN Currency Deadline: CSOs Takes Cashless Policy, New Naira Note Campaigns to Abuja Market

Publisher
By Publisher Published January 27, 2023
Share
3 Min Read
SHARE

While the controversies regarding the redesigned naira notes by the Federal Government continues, a coalition of Civil Society Organisations (CSOs) took it upon themselves to visit the Garki modern market in Abuja, on Thursday, where they engaged in shop to shop sensitisation of the traders on the importance of the cashless policy introduced by the Central Bank of Nigeria (CBN).

Despite claims by some of the traders in the market lamenting the unavailability of the redesigned naira notes in banks and rejection of old naira notes by their clients, leaders of the CSOs urged them not to be deterred but rather make haste to return all old notes in their possession to the bank before January 31 as directed by the CBN.

 

- Advertisement -
Ad image

 

President of the Coalition of Civil Society on Good Governance, (CCSGG), Bassey Etuk who led the sensitisation rally, informed the traders that the CBN has resolved not to extend the January 31 deadline for the implementation of the new policy, hence the need for them to do away with the old naira notes to avoid expiration.

Etuk insisted that the implementation of the policy will strengthen the Nigerian economy, noting that the cashless policy has come to stay.

He said: “We support the policies by the CBN Governor, and we will educate other Nigerians about these policies because it is for their good and wellbeing including unborn Nigerians.”

“CBN has mandated all banks that they should desist from putting old naira notes into the Automatic Teller Machine (ATM). When you go to ATM machines, what you will find now is the new baira notes. And that is why CBN has come so boldly to tell all Nigerians that the deadline for you and I to return all notes is January 31, which is next week, Tuesday.

“Nobody should take advice from anybody apart from what CBN has said. Go to your bank. Approach your banks to provide you the new naira notes.”

A Point Of Sale (POS) operator who identified himself as Mohammed Jegu during an interview lamented the level at which customers were rejecting the old naira notes at his stands, maintaining that the new notes are not available in the banks.

He urged the federal government and the CBN to extend the date of the expiration of the old naira notes until the new notes are fully in circulation.

Like this:

Like Loading...

Related

You Might Also Like

Knight Frank Nigeria Celebrates 60 Years of Excellence in Real Estate

Niger Courts Dangote Group’s Partnership To Unlock Crude Oil Potentials

ELRA grants penalty waiver for early 2025 lease registrations

NiMet SAPZ Partner to Empower Smallholder Farmers Across Agro Processing Zones

Access Bank Plc, KCB Group Complete National Bank of Kenya (NBK) Transaction

TAGGED: Abuja Market, Cashless Policy, CBN, Currency Deadline, New Naira Note

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher January 27, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article 2023 Elections: Nigeria’s Future Depends On your Performance, INEC Boss Tells Staff
Next Article You’ve 78 Hours To End Fuel Scarcity Or Face Mass Protest, CSO Warns Buhari
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

Knight Frank Nigeria Celebrates 60 Years of Excellence in Real Estate
Business Metro News June 1, 2025
Niger Courts Dangote Group’s Partnership To Unlock Crude Oil Potentials
Business Metro News June 1, 2025
ELRA grants penalty waiver for early 2025 lease registrations
Business News June 1, 2025
Children’s Day Celebration: Mayor of Orumba North Fetes children, tasks them on education
Metro News June 1, 2025

You Might also Like

BusinessMetroNews

Knight Frank Nigeria Celebrates 60 Years of Excellence in Real Estate

June 1, 2025
BusinessMetroNews

Niger Courts Dangote Group’s Partnership To Unlock Crude Oil Potentials

June 1, 2025
BusinessNews

ELRA grants penalty waiver for early 2025 lease registrations

June 1, 2025
AviationBusiness

NiMet SAPZ Partner to Empower Smallholder Farmers Across Agro Processing Zones

June 1, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d