Exploitation At CBN As Nigerians Struggle To Swap Old Naira Notes

Some Nigerians seeking to deposit their old Naira notes at the Central Bank of Nigeria (CBN) have revealed how yet-to-be identified persons are taking advantage of crowding at the old FCT branch of the apex bank to exploit them.

In a bid to generate the ‘Tracking Reference Number’ required for deposit of old Naira notes at the CBN, some FCT residents told THE WHISTLER that they had to pay as much N3,000 to suspected racketeers hanging around the old CBN as ‘service fee’.

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