The banking public in rural and underserved areas can access Central Bank of Nigeria branches in the 36 States across the federation.

This is to enable them enquire about options for depositing their current N200, N500 and N1,000 notes and account opening processes, financial access points, and other financial services.

A statement by the Director Corporate Communications of the CBN, Osita Nwanisobi indicated that this effort is targeted at achieving a successful swap of naira notes following the redesign which is already in progress by the apex bank.

According to the statement, agents’ locations across the country have been fully enabled for BVN registration, opening banking accounts/wallets & e-Naira wallets, electronic card distribution and cash deposit, among others.

“Due to the policy, the agents have also been accorded priority to enable them to deposit cash collections through bank branches across the federation”, the statement added.

The apex Bank assured that it would continue to monitor developments and issue updates to the banking public on the implementation of the Naira redesign policy as may be necessary.

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