The Central Bank of Nigeria, CBN, said it will go tough on commercial banks still dispensing the old naira notes through their ATMs as the deadline to phase out the old notes inches closer.
The Director of the Legal Services Department of the Central Bank of Nigeria, Mr Kofo Salam-Alada, made this disclosure in a sensitisation programme in computer village, Lagos, on Wednesday.
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The director, who represented the CBN Governor, Godwin Emefiele, said the apex bank has many new naira notes to be distributed to banks.
