June 2015
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Archive for June, 2015

Defaced and New CBN Naira Notes

Some Nigerians were getting concerned about the spate of quarrels arising from the rejection of defaced and mutilated Central Bank naira notes by members of the public during commercial transactions. I had separated a couple of duels at petrol stations between petrol attendants and their customers over the rejection of naira notes on account of the fact that they had been defaced and would not be acceptable in subsequent transactions.
I had personally been victim of the embarrassment of refusal, by petrol attendants, to accept defaced naira notes just collected directly from the commercial banks. My contention had always been that since the notes were packaged and cashed to me by the banks, the recipients should Read the rest of this entry »

Prof Jim Unah’s Books.