PRESIDENT BUHARI RECEIVES SALLAH HOMAGE 7A. President Muhammadu Buhari in a handshake with the Central Bank Governor, (CBN) Mr Godwin Emefiele during Sallah Homage at the President's Residence, State House in Abuja. PHOTO; SUNDAY AGHAEZE. JUNE 15 2018

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CBN Governor Emefiele meets with CEO’s of 15 banks to ease cash crunch

Per Second NewsFebruary 16, 20231 Mins read1.2k

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that he has met with 15 heads of commercial banks to ease the scarcity of the Naira following President Muhammadu Buhari’s directive in his national broadcast to the nation Thursday.

Emefiele assured that the old N200 notes will be made available with immediate effect.

He made the disclosure Thursday while speaking with State House Correspondents shortly after attending a meeting between President Buhari and the House of Representatives Adhoc committee on new naira redesign and naira swap policy at the Presidential Villa, Abuja.

Emefiele therefore appealed to Nigerians to allow the policy to work, saying it will go a longway to help the nation’s economy.

The CBN Governor assured that the Apex bank will continue to do everything possible to ease the sufferings currently being experienced by Nigerians due to the cash crunch.