Hot News
Nigerian banks won’t accept old £20, £50 notes from Dec 31
December 31 has been issued as deadline for the acceptance of old £20 and £50 notes by Deposit Money Banks in Nigeria.
This is to enable proper conclusion of cash evacuation.
One of the banks, Fidelity Bank Plc, disclosed this in an email to its customers on Wednesday titled ‘Withdrawal of old 20 and 50 GBP notes from circulation.’
The mail stated, “The Bank of England has announced the withdrawal of paper £20 and £50 notes after September 30, 2022. A year’s notice has been provided to customers and the global banking community.
“In view of this, Fidelity Bank, alongside other Deposit Money Banks in Nigeria, has issued a deadline of December 31, 2021, for acceptance of the stated denominations from the public to enable proper conclusion of cash evacuation.
“Thus, we advise you to use or deposit your paper GBP notes into your Fidelity Bank domiciliary account by December 31, 2021 to avoid a loss in the value of your money.”
-
Entertainment21 hours ago
Naira abuse: Bobrisky appeals conviction, seeks option of fine
-
Metro21 hours ago
Army dismisses two soldiers for ‘stealing’ Dangote refinery cables
-
News9 hours ago
JUST IN: Panic as Dana airplane skids off Lagos airport runway
-
Metro11 hours ago
Junior Pope: Prophet Fufeyin gifts boat accident survivor N2m
-
News14 hours ago
Justin Bieber mourns close friend, rapper Chris King shot dead
-
News13 hours ago
Nigeria has history of decentralised policing, says Speaker Abbas
-
News10 hours ago
10 killed as Malaysian helicopters collide mid-air
-
News8 hours ago
UNN lecturer allegedly caught pants down with student