• Home
  • Privacy
  • Disclaimer
  • Advertisement
  • Login
Upgrade
Reporters At Large
Advertisement
  • News
  • Politics
  • Business
  • Tourism
  • Health
  • Sports
  • World
  • Entertainment
  • RAL TV
No Result
View All Result
  • News
  • Politics
  • Business
  • Tourism
  • Health
  • Sports
  • World
  • Entertainment
  • RAL TV
No Result
View All Result
Reporters At Large
No Result
View All Result
Home Business

CBN To Phase Out Old Cheques March 31

ReportersAtLarge by ReportersAtLarge
January 23, 2021
in Business, Featured
Reading Time: 1min read
220 16
0
Central Bank of Nigeria - CBN
100
SHARES
1.2k
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

The Central Bank of Nigeria (CBN) has extended the phase-out date for old cheque books from January 1 to March 31.

The banking regulator said this became imperative due to the effect of the COVID-19 pandemic.

Phresh Farms Advert Phresh Farms Advert Phresh Farms Advert

It disclosed this in a circular to all Deposit Money Banks, accredited cheque printers/personalisers and Nigeria Interbank Settlement System on Friday titled ‘Re: Circular on the revised Nigeria cheque standard and Nigeria Cheque Printers Accreditation scheme.’

You might also like

Gunmen

JUST IN: Bandits Raid 3 LGAs In Kaduna, Kill 18; Victims’ Names Released

February 25, 2021
841
Hon Segun Dokun Odebunmi

Segun Odebunmi Tasks INEC To Restore 8 State Constituencies In Oyo

February 25, 2021
837

Court Awards N150,000 As Damages Against Former Iyaganku DPO For Assaulting Fashion Designer Over Sewn Clothes

February 24, 2021
1.5k

Former Military President IBB Gives Solutions To Insecurity In Nigeria

February 24, 2021
2.4k

40-Year-Old EFCC Chairman Tells Senate ‘I Graduated 20 Years Ago, Have Spent 16 Years Working With EFCC’

February 24, 2021
861

9 Young Boys, Several Others Killed As Boko Haram Attacks Maiduguri With Rocket

February 24, 2021
872
Load More

In the circular that was signed by the Director, Banking Services Department, Sam Okojere, it said it had come to its notice that some stakeholders interpreted the circular differently from the intended purpose.

Consequently, it had become imperative for it to issue clarifications on it, it stated.

Part of the circular read, “The parallel run, in which old and new cheques are allowed to co-exist, will end on March 31. Only new cheques will be allowed in the clearing system from April 1, 2021.

“Full enforcement of the second edition of the Nigeria Cheque Standard and Nigeria Cheque Printers Accreditation Scheme version 2.0 will commence 1st April 2021 and the NCS/NICPAS 2.0. Sanction grid will be fully operational on 1st April, 2021.”

ALSO READ:  Tragedy As Gunmen Kill 4 Returnee IDPs In Taraba

“All Deposit Money Banks are directed to actively enlighten their customers and ensure necessary provisions are put in place for a smooth migration to the new standard.

“The extension of the full implementation date from 1st January 2021 to April 1, 2021 is due to outbreak of the COVID-19 pandemic and the impact it had on the Nigeria Cheque Standard and Nigeria Cheque Printers Accreditation Scheme version 2.0 project.”

 

Tags: BREAKINGBREAKING NEWSBusiness NewsCBNCentral Bank of Niger
SendShare40Tweet25

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Dangote, Adenuga Make Africa’s Top 10 Billionaires’ List

Next Post

Quit Notice To Herders: Fani-Kayode Warns Presidency As IGP Orders Immediate Arrest Of Sunday Igboho

ReportersAtLarge

ReportersAtLarge

Related Posts

Gunmen

JUST IN: Bandits Raid 3 LGAs In Kaduna, Kill 18; Victims’ Names Released

February 25, 2021
841
Hon Segun Dokun Odebunmi

Segun Odebunmi Tasks INEC To Restore 8 State Constituencies In Oyo

February 25, 2021
837
DPO, Iyaganku Division, CSP Alex Sani Gwazah and the fashion designer, Lukman Adeniyi.

Court Awards N150,000 As Damages Against Former Iyaganku DPO For Assaulting Fashion Designer Over Sewn Clothes

February 24, 2021
1.5k
Former Military President IBB Gives Solutions To Insecurity In Nigeria

Former Military President IBB Gives Solutions To Insecurity In Nigeria

February 24, 2021
2.4k
Load More
Next Post
Chief Sunday Adeyemo, Sunday Igboho

Quit Notice To Herders: Fani-Kayode Warns Presidency As IGP Orders Immediate Arrest Of Sunday Igboho

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

MyeBookHub Digital Marketplace MyeBookHub Digital Marketplace MyeBookHub Digital Marketplace
Featured

JUST IN: Bandits Raid 3 LGAs In Kaduna, Kill 18; Victims’ Names Released

February 25, 2021
830
Featured

Segun Odebunmi Tasks INEC To Restore 8 State Constituencies In Oyo

February 25, 2021
836
Featured

Court Awards N150,000 As Damages Against Former Iyaganku DPO For Assaulting Fashion Designer Over Sewn Clothes

February 24, 2021
1.5k
Featured

Former Military President IBB Gives Solutions To Insecurity In Nigeria

February 24, 2021
2.4k
Featured

40-Year-Old EFCC Chairman Tells Senate ‘I Graduated 20 Years Ago, Have Spent 16 Years Working With EFCC’

February 24, 2021
860
Featured

9 Young Boys, Several Others Killed As Boko Haram Attacks Maiduguri With Rocket

February 24, 2021
871
Featured

Ótó Gé: Why Governor Abdulrahaman Abdulrazaq Enjoys Massive Support In Kwara

February 24, 2021
3.2k
Featured

12-Year-Old Boy Party-Leftovers’ Beggar Found, Returned Lost Purse With Money, Others Valuables To The Owner

February 24, 2021
1.3k
Featured

Gunmen Abduct 24-Year-Old Poultry Farmer In Ibadan

February 23, 2021
1.3k
Featured

Ilaji Hotel & Resort: If Nigeria Had A Dozen Dotun Sanusis, Only If…

February 23, 2021
845

Tags

2019 Elections Abuja apc Boko Haram BREAKING BREAKING NEWS Buhari CBN Coronavirus Corruption COVID-19 COVID-19 pandemic Crime CRISIS Democracy donald Trump EFCC ekiti state End SARS INEC Kayode Fayemi lagos Latest Nigeria Crime News Latest Nigeria News Latest Oyo State News Muhammadu Buhari Muhammadu Buhari News NASS Nigeria Nigerian news Oyo Oyo State PDP Police POLITICS President Buhari SARS Senate Seyi Makinde terrorism tourism United States US USA Wale Ojo-Lanre

ABOUT US

Reporters At Large

Reporters At Large (RAL) is an emerging online news platform that seeks to inform, educate and entertain about the happenings around the world.

RAL is staffed with dedicated and professional team and publishes accurate and balanced news stories and articles with speed.

Our products and platforms take your to the farthest corners of the world, and they bring the world to you, delivering content and services that enrich your lives, your families and your communities.

We stand for excellence in our journalism and our products. We are committed to serving you.

We are Reporters At Large (RAL).

CATEGORIES

  • Business
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Metro
  • News
  • Opinion
  • Politics
  • Press Releases
  • Science
  • Science & Technology
  • Sports
  • Tourism & Culture
  • Video
  • Video News
  • World

TAGS

2019 Elections Abuja apc Boko Haram BREAKING BREAKING NEWS Buhari CBN Coronavirus Corruption COVID-19 COVID-19 pandemic Crime CRISIS Democracy donald Trump EFCC ekiti state End SARS INEC Kayode Fayemi lagos Latest Nigeria Crime News Latest Nigeria News Latest Oyo State News Muhammadu Buhari Muhammadu Buhari News NASS Nigeria Nigerian news Oyo Oyo State PDP Police POLITICS President Buhari SARS Senate Seyi Makinde terrorism tourism United States US USA Wale Ojo-Lanre

RECENT POSTS

  • JUST IN: Bandits Raid 3 LGAs In Kaduna, Kill 18; Victims’ Names Released
  • Segun Odebunmi Tasks INEC To Restore 8 State Constituencies In Oyo
  • Court Awards N150,000 As Damages Against Former Iyaganku DPO For Assaulting Fashion Designer Over Sewn Clothes
  • Former Military President IBB Gives Solutions To Insecurity In Nigeria
  • 40-Year-Old EFCC Chairman Tells Senate ‘I Graduated 20 Years Ago, Have Spent 16 Years Working With EFCC’
  • 9 Young Boys, Several Others Killed As Boko Haram Attacks Maiduguri With Rocket
  • Ótó Gé: Why Governor Abdulrahaman Abdulrazaq Enjoys Massive Support In Kwara
  • 12-Year-Old Boy Party-Leftovers’ Beggar Found, Returned Lost Purse With Money, Others Valuables To The Owner
  • Gunmen Abduct 24-Year-Old Poultry Farmer In Ibadan
  • Ilaji Hotel & Resort: If Nigeria Had A Dozen Dotun Sanusis, Only If…

Copyright © 2021 Reporters At Large

No Result
View All Result
  • News
  • Politics
  • Business
  • Tourism
  • Health
  • Sports
  • World
  • Entertainment
  • RAL TV
  • Login

Copyright © 2021 Reporters At Large

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.