• Thu. Jun 8th, 2023

Cash Crunch: CBN Directs Banks to Open on Saturday, Sunday 

ByJustice Godfrey Okamgba

Mar 24, 2023

In a move aimed at alleviating people’s pains due to naira scarcity, the Central Bank of Nigeria (CBN) directs all commercial banks to open for operation on Saturdays and Sundays. 

The apex bank also directs all Banks to load their Automated Teller Machines (ATMs) as well as conduct physical operations in the banking halls through the weekends.

The Acting Director, Corporate Communications Department of the CBN, Dr. Isa AbdulMumin, said this in Abuja, on Friday, March 24, 2023

He confirmed that the commercial banks had received a large quantum of cash in various denominations for onward circulation to their respective customers.

He, therefore, urges Nigerians to be patient as the current situation will ease soon with the injection of more banknotes into circulation.



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