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Load ATM With Cash and operate On Saturdays, Sundays – CBN Tasks Banks

CBN Governor, Godwin Emefiele

The Central Bank of Nigeria has directed that all commercial banks open on Saturdays and Sundays as part of a coordinated effort to ease the circulation of banknotes of various denominations.

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

This latest development was revealed in a statement signed by CBN Acting Director, Corporate Communications Department, Isa Abdul Mumin, in Abuja on Friday afternoon.

The statement stated that commercial banks had received a significant 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

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.

“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

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