Nigerian banks Friday announced that their branches nationwide will operate at the weekend to receive and change old notes for their customers.
The Central Bank of Nigeria last December introduced the newly redesigned N200, N500 and N1,000 as part of efforts to check inflation, counterfeiting and corruption. The bank also reiterated that the old note will cease being a legal tender by 31 January.
As part of efforts to ease circulation of the new notes, the apex bank also launched a cash swap programme across local government areas in the country.
