{"id":18634,"date":"2018-05-11T19:44:24","date_gmt":"2018-05-11T19:44:24","guid":{"rendered":"http:\/\/newsroom247.com.ng\/?p=18634"},"modified":"2018-05-11T19:47:47","modified_gmt":"2018-05-11T19:47:47","slug":"cbn-wants-bank-customers-to-reject-dirty-naira-notes","status":"publish","type":"post","link":"http:\/\/newsroom247.com.ng\/?p=18634","title":{"rendered":"CBN WANTS BANK CUSTOMERS TO REJECT DIRTY NAIRA NOTES"},"content":{"rendered":"<div data-contents=\"true\">\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"fr34f-0-0\">\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><a href=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/Sheriff.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-18603\" src=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/Sheriff.jpg\" alt=\"\" width=\"576\" height=\"164\" srcset=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/Sheriff.jpg 1080w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/Sheriff-300x86.jpg 300w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/Sheriff-768x219.jpg 768w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/Sheriff-1024x292.jpg 1024w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/a><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div data-offset-key=\"fr34f-0-0\"><\/div>\n<div class=\"_1mf _1mj\" data-offset-key=\"fr34f-0-0\"><span data-offset-key=\"fr34f-0-0\">The Central Bank of Nigeria (CBN) says customers should demand new naira notes from their respective banks and reject dirty ones.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"elk3-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"elk3-0-0\"><span data-offset-key=\"elk3-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"biqng-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"biqng-0-0\"><span data-offset-key=\"biqng-0-0\">Speaking in an interview with NAN in Lagos on Thursday, Isaac Okorafor, CBN spokesman, said commercial banks are sabotaging its effort in replacing mutilated notes with new ones.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"ak89p-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"ak89p-0-0\"><span data-offset-key=\"ak89p-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"cnta1-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"cnta1-0-0\"><span data-offset-key=\"cnta1-0-0\">The bank made similar claims in February.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"41a35-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"41a35-0-0\"><span data-offset-key=\"41a35-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"5kpb7-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"5kpb7-0-0\"><span data-offset-key=\"5kpb7-0-0\">Okorafor said the apex bank is aware of the development and has taken several measures in addressing the issue of mutilated notes in the circulation.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"cmeo3-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"cmeo3-0-0\"><span data-offset-key=\"cmeo3-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<p><code><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- www.deltanewsroom.com --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-2163942495525027\" data-ad-slot=\"1411897411\" data-ad-format=\"auto\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/code><\/p>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"6k2in-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"6k2in-0-0\"><span data-offset-key=\"6k2in-0-0\">According to him, one of the steps taken to mop up the mutilated notes from the system was reduction in the amount CBN charges banks for sorting the dirty notes for clean ones from N12,000 to N1,000 per box.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"v3fs-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"v3fs-0-0\"><span data-offset-key=\"v3fs-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"htvl-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"htvl-0-0\"><span data-offset-key=\"htvl-0-0\">Okorafor said the reduction in charges for the commercial banks which lasted for three months from January 2 to March 28 was to encourage them to bring back more dirty notes.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"7ovq6-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"7ovq6-0-0\"><span data-offset-key=\"7ovq6-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"6rjqo-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"6rjqo-0-0\"><span data-offset-key=\"6rjqo-0-0\">He said the charges were raised to N2,000 per box after the March 28 deadline.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"8ug24-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"8ug24-0-0\"><span data-offset-key=\"8ug24-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"9f104-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"9f104-0-0\"><span data-offset-key=\"9f104-0-0\">The director said the opportunity was limited to lower denomination naira notes comprising N50, N20 N10 notes.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"33gag-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"33gag-0-0\"><span data-offset-key=\"33gag-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"a9ftb-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"a9ftb-0-0\"><span data-offset-key=\"a9ftb-0-0\">He said the bank has adopted another option of withdrawing the unfit notes from circulations rather than depending on the commercial banks.<\/span><\/div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.alternativeadvert.com\/show.php?z=30&amp;pl=16162&amp;ad_type=59&amp;rl=180\" width=\"300\" height=\"250\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"30v2u-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"30v2u-0-0\"><span data-offset-key=\"30v2u-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"1m1dh-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"1m1dh-0-0\"><span data-offset-key=\"1m1dh-0-0\">The bank is now engaging various market associations to encourage traders change genuine dirty notes for new ones at no cost to the trader.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"d3re1-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"d3re1-0-0\"><span data-offset-key=\"d3re1-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"398g8-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"398g8-0-0\"><span data-offset-key=\"398g8-0-0\">\u201cThe bank has already taken the new measure to Kano, Kaduna and Abuja and also intends to bring it to the south,\u201d he said.<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"3kpab-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"3kpab-0-0\"><span data-offset-key=\"3kpab-0-0\">\u00a0<\/span><\/div>\n<\/div>\n<div class=\"\" data-block=\"true\" data-editor=\"bvu1v\" data-offset-key=\"4hjhr-0-0\">\n<div class=\"_1mf _1mj\" data-offset-key=\"4hjhr-0-0\"><span data-offset-key=\"4hjhr-0-0\">He appealed to Nigerians to handle the national currency with care as it was a symbol of identity and value.<\/span><\/div>\n<\/div>\n<div data-offset-key=\"4hjhr-0-0\"><a href=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/DIRTY-NOTES.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-18635\" src=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/DIRTY-NOTES.jpg\" alt=\"\" width=\"413\" height=\"310\" srcset=\"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/DIRTY-NOTES.jpg 960w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/DIRTY-NOTES-300x225.jpg 300w, http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/DIRTY-NOTES-768x576.jpg 768w\" sizes=\"auto, (max-width: 413px) 100vw, 413px\" \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Nigeria (CBN) says customers should demand new naira notes from their respective banks and reject dirty ones. \u00a0 Speaking in an interview with NAN in Lagos on Thursday, Isaac Okorafor, CBN spokesman, said commercial banks are sabotaging its effort in replacing mutilated notes with new ones. \u00a0 The bank made similar [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":18635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"ngg_post_thumbnail":0,"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[4],"tags":[362,1626],"class_list":["post-18634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-cbn","tag-isaac-okorafor"],"jetpack_featured_media_url":"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2018\/05\/DIRTY-NOTES.jpg","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4oswh-4Qy","_links":{"self":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/18634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18634"}],"version-history":[{"count":2,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/18634\/revisions"}],"predecessor-version":[{"id":18637,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/18634\/revisions\/18637"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/media\/18635"}],"wp:attachment":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18634"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}