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Banks announce availability of new naira notes in ATMs, but scarcity persists

Commercial banks in the last 24 hours have been sending messages to Nigerians announcing the availability of the new naira notes.

In messages sent to their customers on Monday, January 9, 2022, a couple of banks in Nigeria indicated that the new notes can now be accessed on their ATMs.

The banks’ messages followed an order from the CBN that banks should load their ATMs with the new notes.

Among the banks is United Bank for Africa (UBA) which announced that its customers can now get the newly redesigned notes at its Automated Teller Machines across the country.

UBA message reads: “We are happy to inform you that the newly redesigned naira notes are now available at all UBA ATMs nationwide.

“Please note that the maximum daily cash withdrawal limit for these notes at our ATMs is N100,000”

Also, Stanbic IBTC, Zenith Bank, Access Bank and GTCo announced that the new notes are also available on their ATMs but that customers can only access N200 notes via the withdrawal points.

Despite the announcement, IgbereTV can confirm that ATMs are still dispensing the old notes.

When asked, a senior bank official in Ikotun area of Lagos State revealed that there were not enough of the new notes in the branch

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