On Monday, Professor Charles Soludo, the Governor of Anambra State, also a former governor of the Central Bank of Nigeria, announced that the CBN has directed commercial banks to accept the old naira notes as deposits.
Soludo made this statement on his social media accounts and reported that Governor Godwin Emefiele issued the directive during a Banker’s Committee meeting held on Sunday, March 12th, 2023.
He also stated that the CBN governor, Godwin Emefiele personally confirmed the directive to him on phone and urged residents to report any banks that refuse to accept the old notes.
“Commercial banks have been directed by the Central Bank to dispense old currency notes and also to receive the same deposits from customers. Tellers at commercial banks are to generate the codes for deposits, and there is no limit to the number of times an individual or company can make deposits.
“The Governor of the CBN gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March 2023. The Governor, Dr Godwin Emefiele, personally confirmed the above to me during a phone conversation on Sunday night. Residents of Anambra are therefore advised to freely accept and transact their businesses with the old currency notes (N200, N500; and N1,000) and the new notes”, the statement contained.
