CBN directs banks to open Saturdays, Sundays
Written by Olarotimi Oshin on March 24, 2023
The Central Bank of Nigeria has directed all commercial banks to open for operation on Saturdays and Sundays as part of a coordinated effort to ease the circulation of banknotes of various denominations.
It also confirmed the evacuation of banknotes from its vaults to commercial banks across the country.
This was disclosed in a statement signed by the CBN Acting Director, Corporate Communications Department, Isa AbdulMumin, in Abuja Today.
According to the statement, a substantial amount of money, in various denominations, had been received by the commercial banks for onward circulation to their respective customers as well as conduct physical operations in the banking halls through the weekends.