Sequel to the meeting with CEOs, the CBN has directed the following with immediate effect:
1) All branches are to open from 9am to 4pm (Sat / Sun). All ATMs must be fully loaded with cash and functional.
2) CMU /Zones should go and pick up cash allocation in all their CBN branches
3) Mints in old notes and Fit old notes will be disbursed across locations
4) Deposit is without limit and there are no charges
5) No deposit code is required again for deposit in branches. Suspended for now.
The daily report of collections across the locations should be consolidated and shared as usual.
The development comes days after the Nigeria Labour Congress ,NLC announced industrial action for next week.
The NLC had directed workers to commence strike in view of the protracted scarcity of the local currency, the Naira and it’s effect on the lives of.Nigerians.
