
CBN engages PoS agents to beat new notes deadline
The Central Bank of Nigeria CBN, says plans have been concluded to engage services of major POS operators across the country to commence issuance of the new naira notes as deadline for deposit of the old currency approaches.
The move follows complaints by Nigerians of inadequate supply of the redesigned naira notes in banks and in circulation
Governor of the central bank, Godwin Emefiele announced this at the end of a three day sensitisation campaign in lafia the Nasarawa capital.
Represented by the Director security services, Atiku Mohammad, the CBN governor said the measure was aimed at making accessible deposit points for the old notes and recieving the new ones immediately as well as reaching out to the rural populace that are yet to open an account.
Mr Emefiele, who reiterated that there was no going back on the 31 of January deadline for deposit of the old naira notes inspite of calls for extention, emphasized that the CBN had distributed enough new notes to banks to issue to customers.
He reminded market women and men who are yet to open an account to do so without delay as the world is becoming Internet driven and cash money would sooner or later be regarded as old fashion.
CBN controller lafia branch, Shehu Yakubu advised those without bank account to go and open one for easy business transaction.
Most of the marketers that spoke at the event appealed for extention of deadline for deposit of the old naira notes to enable those at rural areas to do so .
Reporting by Yusuf Usman; Editing by Julian Osamoto