Banks Resume Issuance of Old N500, N1,000 Notes to Customers At N503bn, CBN records 52.39% repayment under Anchor Borrowers’ Programme
James Emejo in Abuja and Nume Ekeghe in Lagos Some commercial banks yesterday resumed the issuance of the old N500 and N1000 denominations to the public.
The move followed a Supreme Court judgement, which extended the validity of the banknotes till December 31, 2023. In another development, the Central Bank of Nigeria (CBN) yesterday disclosed that total repay-
ments under its Anchor Borrowers’ Programme (ABP) stood at N503 billion, representing 52.39 per cent of total exposure. On the issuance of the old banknotes to customers, THISDAY, however, gathered that the absence
of a statement by either President Muhammadu Buhari or the apex had resulted in uncertainty, as businesses in Abuja and other places continued to reject the old denominations. Since the Supreme Court’s
Says N119bn not due
ruling, no further clarification or directive had been issued by the central bank, a situation that has caused the banking public to take precaution with regard to the old notes. THISDAY further learnt that
some GTBank and Access Bank branches paid out the old banknotes in Abuja. In Lagos, it was gathered that Sterling Bank and Access Bank at Iyana Ipaja loaded the old N1000 Continued on page 9
Tonye Cole Pledges to Create 230,000 Jobs in First 100 Days in Office... Page 27 Tuesday 7 March, 2023 Vol 28. No 10191. Price: N250
www.thisdaylive.com TR
UT H
& RE A S O
N
Sanwo-Olu Has Done So Well, He Deserves Second Term, Says Osoba ... Page 10
PDP: Ample Evidence Shows INEC's Deliberate Complicity to Rig Presidential Election Says commission deceived Nigerians, knowingly deactivated BVAS APC dismisses opposition party’s protest
Chuks Okocha and Adedayo Akinwale in Abuja
The leadership of the Peoples Democratic Party (PDP) said yesterday during a protest march
to the Independent National Electoral Commission (INEC) in Abuja that there was ample evidence that the
commission directly aided rigging of the February 25 presidential election, which produced the
All Progressives Congress (APC) presidential candidate, Bola Tinubu, as president-elect.
PDP had at the protest its presiContinued on page 9
INEC’s Application to Court to Reconfigure BVAS Raising Integrity Questions
Story on page 9
Commission harps on need to reset devices before their deployment for governorship, state Houses of Assembly polls
ATIKU LEADS MARCH FOR FREE AND FAIR VOTING... L-R: Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar; Chairman of the party, Iyorchia Ayu and former Chairman, PDP, Okwesileze Nwodo, protesting the poor conduct of PHOTO: JULIUS ATOI the recent presidential election in Abuja... yesterday