- The CBN’s compliance with the Supreme Court’s ruling has relieved many Nigerians who have been enduring the hardship caused by the naira scarcity
- Customers came out in large numbers to appeal to their respective banks to disburse the old banknotes
- They are optimistic that the return to the status quo in the use of old naira notes will reduce the current hardship
Many banks across Lagos witnessed a massive turnout of customers who had come hoping to make cash withdrawals, over-the-counter or via Automated Teller Machines (ATM).
The heavy turnout followed the recent directive by the Central Bank of Nigeria (CBN) that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes.
