The Central Bank of Nigeria (CBN) On Friday Said It has evacuated banknotes from its vaults to commercial banks across the country and also directed banks to open for operations on weekends including Saturdays and Sundays.
Dr. Isa AbdulMumin, The Acting Director, Corporate Communications Department of the CBN, revealed this in abuja.
He also claimed that solid amounts of Naira in different denominations, had been distributed to commercial banks and it has been received for circulation to their respective customers.
According to him, the CBN had directed all banks to load their Automated Teller Machines (ATMs) as well as conduct physical operations in the banking halls through the weekends.
“Branches of commercial banks will operate on Saturdays and Sundays to attend to customers’ cash needs,” he noted, adding that the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, would personally lead teams to monitor the level of compliance by the banks in various locations across the country.
He, therefore, urged Nigerians to be patient as the current situation would ease soon with the injection of more banknotes into circulation.