0:00
Central Bank of Nigeria CBN Governor
0:03
godwinner Mayfield has announced that
0:05
the newly redesigned 200 500 and 1000
0:08
naira notes have been distributed and
0:10
supplied to commercial Banks and other
0:12
financial institutions for onward
0:14
withdrawal by Bank customers
0:16
CBN Governor Godwin and Mayfield stated
0:19
this on Thursday at Dora and katsina
0:21
state the country home of president
0:22
muhammadu buhari when the Apex Bank
0:25
Governor visited the commander-in-chief
0:28
according to the CBN he briefed
0:31
president muhammadu buhari that progress
0:33
on the newly redesigned naira notes is
0:35
going on well as planned
0:37
Governor Godwin a Mayfield added that he
0:39
also briefed the president on issues
0:41
surrounding the cashless policy newly
0:43
introduced by the CBN
0:45
the CBN Governor said the newly
0:47
redesigned naira notes were supplied and
0:49
deposited with banks on Wednesday
0:51
CBN Governor said the banks are only
0:54
permitted to distribute the new
0:55
currencies to their Bank customers only
0:58
also CBN Governor godwinner Mayfield
1:01
said the cashless economy policy started
1:03
in 2012 but the Apex bank had dropped
1:06
the policy three or four times to enable
1:08
the country deep in its payment system
1:09
infrastructures and be well prepared for
1:12
the cashless economy system
1:14
CBN Governor said the National Assembly
1:17
has requested a briefing which he said
1:18
the Apex bank will brief them on the
1:20
cashless economy policy
1:22
the CBN Governor said that the Apex bank
1:25
has registered over 1.4 million super
1:27
agents across all the local government
1:29
areas in the country to perfect the
1:31
cashless economy and make banking
1:33
transactions easy for end users
1:36
the 1.4 million super agents it is as
1:39
good as having 1.4 million banking
1:41
points where people can conduct their
1:42
services according to the CBN governor
1:45
adding that the super agents are
1:48
different from commercial Banks
1:49
microfinance Banks and other financial
1:53
he said he has directed his colleagues
1:55
to publish the names of the super agents
1:57
which he said are available in all the
2:01
CBN Governor thereafter appealed to
2:03
Nigerians to key into the cashless
2:05
economy policy as the policy is not
2:07
targeted at anybody adding Nigeria as
2:11
the biggest economy in Africa needs to
2:13
practice cashless economy in order to
2:15
ensure the development of the country
2:17
Godwin and Mayfield said most developed
2:19
economies in the world are embracing the
2:21
digital cashless economy policy hence
2:23
the CBN will not reverse its decision on
2:25
cashless economy or change the
2:27
commencement date or timing
2:29
stressing the cashless economy will be
2:31
reviewed from time to time for onward
2:33
Improvement and better performance
2:36
greater than view this post on Instagram
2:45
greater than a post shared by Central
2:47
Bank of Nigeria at Central Bank