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CBN Discontinues Cash Swap Programme In Unbanked Areas

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Tunde Sholanke

The Central Bank of Nigeria has discontinued cash swap programme in rural and unbanked areas of the country.

Residents of rural and unbanked areas can no longer swap old notes for new ones on account of the current development,the CBN Acting Spokesperson, Isa Abdulmumin,said.

He added:”The programme had fulfilled its mandate.The programme has stopped. The cash swap was not in perpetuity and has a lifeline.”

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