JUST IN: CBN Says Old Naira Notes Remain Legal Tender Indefinitely

JUST IN: CBN Says Old Naira Notes Remain Legal Tender Indefinitely

The Central Bank of Nigeria has announced that it had extended the validity of the old N200, N500 and N1,000 notes indefinitely. NAIJA NEWS reports that the apex bank’s Director of Corporate Communications, Isa AbdulMumin, disclosed this in a statement titled, “CBN To Allow Old Design Naira Banknotes As Legal Tender, Ad Infinitum”.JAMB Portal Abdulmumin … Read more

Old naira notes remain legal tender in Lagos –Sanwo-Olu

Old naira notes remain legal tender in Lagos –Sanwo-Olu

Lagos State Governor, Babajide Sanwo-Olu, has announced that the old naira notes remain legal tender in the state.Information Guide Nigeria In a statement signed by the Commissioner of Information and Strategy, Gbenga Omotoso, Sanwo-Olu called on business owners, especially retailers, to accept the old N500 and N1,000 notes in line with the Supreme Court judgement … Read more

Old N200 Remains Legal Tender Till April, As Old N500, N1,000 Lose Out – Buhari

Old N200 Remains Legal Tender Till April, As Old N500, N1,000 Lose Out – Buhari

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to accept the old N200 note as legal tender up to April 10, 2023.Information Guide Nigeria The President said that N500 and N1,000 notes can be redeemed henceforth, only at the CBN designated points. According to GREENBARGE REPORTER: “I have given approval to the … Read more