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Central Bank of Nigeria CBN Governor
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godwinner Mayfield has announced that
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the newly redesigned 200 500 and 1000
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naira notes have been distributed and
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supplied to commercial Banks and other
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financial institutions for onward
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withdrawal by Bank customers
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CBN Governor Godwin and Mayfield stated
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this on Thursday at Dora and katsina
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state the country home of president
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muhammadu buhari when the Apex Bank
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Governor visited the commander-in-chief
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according to the CBN he briefed
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president muhammadu buhari that progress
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on the newly redesigned naira notes is
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going on well as planned
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Governor Godwin a Mayfield added that he
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also briefed the president on issues
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surrounding the cashless policy newly
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introduced by the CBN
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the CBN Governor said the newly
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redesigned naira notes were supplied and
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deposited with banks on Wednesday
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CBN Governor said the banks are only
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permitted to distribute the new
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currencies to their Bank customers only
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also CBN Governor godwinner Mayfield
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said the cashless economy policy started
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in 2012 but the Apex bank had dropped
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the policy three or four times to enable
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the country deep in its payment system
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infrastructures and be well prepared for
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the cashless economy system
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CBN Governor said the National Assembly
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has requested a briefing which he said
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the Apex bank will brief them on the
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cashless economy policy
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the CBN Governor said that the Apex bank
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has registered over 1.4 million super
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agents across all the local government
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areas in the country to perfect the
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cashless economy and make banking
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transactions easy for end users
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the 1.4 million super agents it is as
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good as having 1.4 million banking
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points where people can conduct their
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services according to the CBN governor
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adding that the super agents are
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different from commercial Banks
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microfinance Banks and other financial
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he said he has directed his colleagues
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to publish the names of the super agents
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which he said are available in all the
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CBN Governor thereafter appealed to
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Nigerians to key into the cashless
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economy policy as the policy is not
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targeted at anybody adding Nigeria as
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the biggest economy in Africa needs to
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practice cashless economy in order to
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ensure the development of the country
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Godwin and Mayfield said most developed
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economies in the world are embracing the
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digital cashless economy policy hence
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the CBN will not reverse its decision on
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cashless economy or change the
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commencement date or timing
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stressing the cashless economy will be
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reviewed from time to time for onward
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Improvement and better performance
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greater than view this post on Instagram
2:45
greater than a post shared by Central
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Bank of Nigeria at Central Bank
