CBN: Banks have sufficient new naira notes to meet demand

According to the apex bank, the banks have enough new notes to circulate across the nation ahead of the January 31 deadline.

The CBN also clarified that it did not ban the banks from paying customers the new notes over the counter, pointing out that the directive to the banks to dispense new notes via Automated Teller Machines (ATM) was to complement over-the-counter transactions and increase the circulation of the redesigned notes.