Naira Redesign: CBN Portal For Collection Of Old Naira Notes Out Of Service

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The Central Bank of Nigeria’s (CBN) portal designed for the collection of the old naira notes is out of service.

The CBN had launched the portal on Wednesday as it sought to begin its currency redemption exercise as part of efforts to ensure a smooth implementation of the currency redesign policy.

According to the CBN, the portal enables Nigerians who could not to take their old N1,000, N500 notes to commercial banks within the stipulated deadline to redeem (or deposit) them by completing an online form on the platform.

Naira Redesign: CBN Portal For Collection Of Old Naira Notes Out Of Service

“Please click here to create your profile, generate reference and print out receipt for you to proceed to nearest CBN branch to deposit your old N1000, N500 and N200 notes into your bank account,” a notification on CBN’s website it reads.

But visiting the site on Friday, newsmen observed that the platform was out of service.

In a notice to customers, CBN said service on the portal was temporarily interrupted for maintenance.

“Service interruption for maintenance. We will be back shortly. We regret any inconvenience caused by this,” the notice reads.