The Central Bank of Nigeria has confirmed the evacuation of bank notes from its vaults to commercial banks across the country in other to ease the circulation of banknotes of various denominations.
The apex bank also ordered banks to open operations on weekends.
The acting Director, Corporate communications department of CBN, disclosed this in Abuja on Friday, March 24, 2023, stating that a substantial amount of money, had been received by the commercial banks for onward circulation to their respective customers.
According to him, the CBN has directed all banks to load the ATM as well as conduct physical operations in the banking halls through the weekends.
“Branches of commercial banks will be operating on Saturdays and Sundays to attend to customer’s cash needs,” he noted, adding that the governor of the Central bank Mr. Godwin Emefiele, would personally take the lead to monitor the compliance by the banks in various locations of the country.
He, therefore, urged Nigerians to be patient as the current situation would ease soon with the injection of more bank notes in circulation.
