The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500, and N1000 have ceased to be legal tender in Nigeria since the expiration of the 10th of February, 2023 deadline.

The declaration was made by the Branch Controller of the Central Bank of Nigeria (CBN), Bauchi, Haladu Idris Andaza. LEGIT NEWS reports.Information Guide Nigeria

It was however reported that Nigerians with old naira notes can swap them at any of CBN branches in the country.

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Speaking with newsmen Andaza said:

“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.” “So for the avoidance of doubt, we wish to state categorically that CBN is ready and is opened to receive all of those old notes based on certain conditions and criteria.”NYSC portal

He restated that customers are free to come to the CBN branches as Commercial Banks will no longer accept the old notes, DailyTrust also reported.JAMB Result

In his words: “Consequently, the management of the CBN decided that those customers will have 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.”