{"id":1034,"date":"2023-03-24T14:40:23","date_gmt":"2023-03-24T14:40:23","guid":{"rendered":"https:\/\/thenewsnow.org\/?p=1034"},"modified":"2023-03-24T14:40:23","modified_gmt":"2023-03-24T14:40:23","slug":"cbn-instructs-banks-to-open-weekends","status":"publish","type":"post","link":"https:\/\/thenewsnow.org\/index.php\/2023\/03\/24\/cbn-instructs-banks-to-open-weekends\/","title":{"rendered":"CBN instructs banks to open weekends"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">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 circulation of banknotes of various denominations.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The apex bank also confirmed the evacuation of banknotes from its vaults to commercial banks across the country.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">This latest development was disclosed in a statement signed by CBN Acting Director, Corporate Communications Department, Isa AbdulMumin, in Abuja, on Friday afternoon.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The statement noted that, a substantial amount of money, in various denominations, had been received by commercial banks, for onward circulation to their respective customers, even as it prevailed on banks, to conduct physical operations in banking halls through the weekends.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Excerpts of the statement read: \u201cThe CBN has directed all banks to load their Automated Teller Machines, as well as conduct physical operations in the banking halls through the weekends.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cBranches of commercial banks will operate on Saturdays and Sundays to attend to customers\u2019 cash needs.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cThe 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,\u201d it stressed.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The bank, therefore, urged Nigerians to be patient, as the current situation would ease soon, with the injection of more banknotes into circulation.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The PUNCH reports that authorities have stepped up efforts to end the biting currency scarcity that has inflicted pain on millions of bank customers nationwide, after a Supreme Court ruling, and a proposed protest by Nigeria Labour Congress, scheduled for next week.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central Bank of Nigeria has directed all commercial banks to open for operation on Saturdays and Sundays, as part of<\/p>\n","protected":false},"author":1,"featured_media":161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/1034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/comments?post=1034"}],"version-history":[{"count":1,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/1034\/revisions"}],"predecessor-version":[{"id":1035,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/posts\/1034\/revisions\/1035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media\/161"}],"wp:attachment":[{"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/media?parent=1034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/categories?post=1034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenewsnow.org\/index.php\/wp-json\/wp\/v2\/tags?post=1034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}