Following the CBN deadline of January 31, numerous churches in Warri and its environs in Delta State rejected offerings from their members during Sunday services, stating that they would no longer accept the old naira notes still in circulation.
Due to the increase in the price of gasoline, most churches were not entirely full.
Members who were unable to use the new naira notes were also unable to make offerings.
The accounts of the churches could suffer if the old naira notes are rejected.
This comes after the majority of churches in Warri advised their followers not to bring outdated naira notes to church on Sunday.
The identical old naira notes have already been rejected by traders. As a result, their sales have declined.
When this report was sent, crowds had already begun to swarm some of the banks in Effurun, Uvwie Local Government Area, as early as 6 a.m.
The masses had difficulty adding their old naira notes to their accounts.
Union Bank, First Bank, United Bank for Africa (UBA, Zenith Bank, Sterling Bank, and First City Monument Bank (FCMB) are a few of the financial institutions that were surrounded by people.
In the meantime, the Central Bank of Nigeria has extended the deadline for Nigerians to exchange their old naira notes until February 10.
