Commercial Banks

Commercial Banks have started to dispense the old naira notes across the counter and at the Automated Teller Machines ATM. This follows the CBN’s directive late Monday that banks should commence the dispensing of the old N500 and N1,000 notes. A visit across the city of Lagos has shown that Commercial Banks have begun dispensing […]

The Department of State Services, DSS, has arrested some members of an organised syndicate selling the new Naira notes in parts of the country. No names or identity of the suspects was made known in the statement, the agency said on Monday that some commercial bank officials were aiding and abetting the act. Making the […]


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