CBN threatens to sanction Imo banks over alleged withholding of banknotes

Despite large crowd at various banks in Imo State in the rush to return old currency notes to obtain new ones at the weekend, officials of the Central Bank of Nigeria (CBN), at the weekend, continued their intensive sensitisation on the re-designed banknotes (N200, N500 and N1, 000), in about eight markets in Owerri, the state capital.