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    Naira: Commercial banks to open Saturdays and Sundays – CBN

    Opalim LiftedBy Opalim LiftedMarch 24, 2023No Comments2 Mins Read
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    CBN petitioned by Bank customers over excess charges
    Central Bank of Nigeria (CBN)
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    As part of a coordinated effort to ease the circulation of banknotes of various denominations, the Central Bank of Nigeria has directed all commercial banks to open on Saturdays and Sundays.

    The central bank also confirmed that banknotes from its vaults had been evacuated to commercial banks across the country.

    This latest development was announced on Friday afternoon in Abuja by CBN Acting Director, Corporate Communications Department, Isa AbdulMumin.

    The statement stated that commercial banks had received a substantial amount of money in various denominations for onward circulation to their respective customers, even though it was still necessary for banks to conduct physical operations in banking halls on weekends.

    Excerpts of the statement read: “The CBN has directed all banks to load their Automated Teller Machines, as well as conduct physical operations in the banking halls through the weekends.

    • BREAKING: NLC workers to shutdown CBN offices nationwide

    “Branches of commercial banks will operate on Saturdays and Sundays to attend to customers’ cash needs.

    “The Governor of 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,” it stressed.

    The bank, therefore, urged Nigerians to be patient, as the current situation would ease soon, with the injection of more banknotes into circulation.

    Authorities have stepped up efforts to end the biting currency scarcity that has inflicted pain on millions of bank customers nationwide, after a Supreme Court ruling, and a proposed protest by Nigeria Labour Congress, scheduled for next week.

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    Police nab church member over kidnap of two Catholic Priests in Adamawa

    Police bust human trafficking syndicate, rescue 40 Ghanaians in Ondo 

    July 5, 2025
    Adeleke denies defection rumours

    Adeleke not defecting to APC, Osun PDP declares

    July 5, 2025
    Tiwa Savage marks 12 years of debut album ‘Once Upon a Time’

    Tiwa Savage marks 12 years of debut album ‘Once Upon a Time’

    July 5, 2025
    Nine-man PSG stun Bayern to reach Club World Cup semis

    Nine-man PSG stun Bayern to reach Club World Cup semis

    July 5, 2025
    NLC threatens to shut down Abuja after July 3 over unpaid wages

    NLC vows protest if NASS attempts to decentralise minimum wage

    July 5, 2025
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