The Supreme Court ordered the CBN to restrained from going ahead with the deadline.

Although the apex court answered their prayer and adjourned the case till February 15, the CBN has been silent on the part of the apex bank since the court gave its ruling.Information Guide Nigeria

THE CHAMPION reports that commenting on the development, CBN Branch Controller in Bauchi, Haladu Idris Andaza said the old notes were no longer legal tender.

“In the last 24 hours, we have been inundated by questions from various angles of the general public about our operational guidelines on the old currency notes, be that as it may, there are so many questions here and there that people have been asking about.NYSC portal

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“So for the avoidance of doubt, we wish to state categorically that CBN is ready and is open to receiving all of those old notes based on certain conditions and criteria. Customers are free to come to the Bank and deposit which they cannot do at the Commercial Banks anymore because the currency has seized to be legal tender since the 10th of this month.

“Consequently, the management of the CBN decided that those customers will heave a sigh of relief by coming to the offices of the CBN in all the 36 states in the Federation including FCT to deposit their money.

“The customer has to go to the CBN portal and fill a form in the portal, there will be a form there concerning this currency redesign and exchange. After filling out the form, you generate a code, you either print it or come with it on your mobile phone and give us the code and the information contained therein. In the form, you are expected to provide all the basic information about yourself, your account details, and the amount you want to deposit.

“By the time you have done it correctly, you come to the CBN where the code will be accepted from you as well as the money, process and confirm the genuineness or otherwise of the money to avoid receiving fake notes because there are some fake notes in circulation now.”JAMB Result