CBN warns banks in Gombe against short-changing Nigerians amid currency crisis

On Saturday, the Central Bank of Nigeria, CBN, warned commercial banks in Gombe State against short-changing Nigerians amid the currency crisis.

According to the News Agency of Nigeria, NAN, the apex bank, disclosed this shortly after a meeting with commercial banks in Gombe.

Financial Markets Department of CBN, the Deputy Director, Aliyu Ashiru, said the meeting was in line with the need to ensure strict compliance with CBN guidelines.

Ashiru cautioned banks against attempting to sabotage the new naira’s circulation.

He appealed to residents to exercise patience with the CBN and the government.

“The meeting is in furtherance to our engagement with banks to smoothen all the rough edges in implementing the naira redesign policy.

“Over time, we have had meetings with them where we drew out strategies to drive the project so that the benefits will benefit everybody”, he stated.