One of the commercial banks in the country, First Bank Nigeria Plc, on Friday said its doors are open to receive old naira notes from customers.

The bank, in a public notice, sighted by PlatinumPost, however, said customers must first register with the Central Bank of Nigeria (CBN) portal before the now invalid old notes will be accepted as deposit in First Bank.

The public notice shared on its verified social media pages read : “Dear Valued Customer, this is to inform you that our branches shall receive old N500 and N1000 notes of up to a maximum of N500,000 (Five Hundred Thousand Naira) after registration on the CBN portal.

“Please note that deposits of more than N500,000 (Five Hundred Thousand Naira) should be taken to the nearest CBN location.

In addition, our branches will be open tomorrow, Saturday 18 February 2023 to receive old notes.”

PlatinumPost had earlier reported that the CBN had directed commercial banks to receive from customers the old N500 and N1,000 notes, with the maximum pegged at N500,000.

The apex bank said any amount above N500,000 should be taken to any of CBN’s branches across the country for deposit.

The public notice :



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