VIDEO: Crowd struggles to deposit their N500 and N1000 old cash

Bisola David
Bisola David
Video of crowd struggling to deposit their N500 and N1000 old cash

Juliet Buna

Nigerians on Friday struggled to deposit their old naira notes at the CBN branches at Marina, Lagos Kaduna and Osogbo as the deadline ends on Friday.

Earlier, the CBN opened a portal on its website and made it mandatory for those willing to return old notes to fill and generate a code

On Thursday, the CBN Governor, Godwin Emefiele, ordered the banks to make the old N200 notes available to Nigerians.

In a latest development, The Central Bank of Nigeria on Friday ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect.

It, however, pegged the maximum amount the banks can collect at N500,000.

The CBN maintained that the old currencies were no more legal tender.

See videos below;

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