Economy

Respite, As Commercial Banks Obey CBN’s Withdrawal-Across-Counter Directive

Aghogho Dibirere, Reporting

BARELY three hours after the Central Bank of Nigeria (CBN) directed commercial banks to begin payment of redesigned Naira notes across the counters, banks in Warri, Delta State, have complied with the directive.

Stonix News had reported Thursday afternoon that the apex bank has directed all commercial banks to allow withdrawal of the new notes over the counters.

The new directive, it will be recalled, was contained in a statement issued and signed by CBN’s Director of Public Communications, Mr Osita Nwanisobi.

Checks by our reporter on Thursday afternoon showed a massive turn up at Wema Bank Plc located along Warri/Sapele Road.

The banks ATM machine were dispensing the redesigned naira notes, just as customers were also allowed to withdraw across the counter in the bank hall.

However, it was gathered that only a maximum of N10,000 cash withdrawal was allowed across the counter in the banking hall.

The queue of those waiting to withdraw cash from the bank’s ATM outlets was long, as it was gathered that some of them had arrived the bank premises as early as 6:00a.m.

The customers were handed a tally in the order that they arrived the bank premises, it was learnt, same for those withdrawing through the counter.

Meanwhile, checks at neighbouring Eco Bank revealed that the ATM machine were neither dispensing the redesigned naira notes nor the old notes.

A private security operative, however, told our reporter that withdrawals across the counter in line with the CBN directive were ongoing in the banking hall.

While there were no queues sighted at the premises of the old generation bank, some customers were seen with some redesigned naira notes smiling out of the bank.

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