The Central Bank of Nigeria on Thursday vowed to sanction any commercial bank found hoarding the new naira notes.
The CBN Kano Branch Controller, Umar Biu, made the disclosure during a sensitisation programme on the new naira notes organised for traders at the Sabon Gari market in Kano.
“You have the right to report any bank found hoarding the new naira notes or refusing to collect your old naira notes before the 31st January 2023 deadline,” Mr Biu said, according to a Punch report. https://punchng.com/cbn-to-sanction-banks-hoarding-new-naira-notes/