Business
BREAKING: Old N200, N500, N1,000 notes remain legal until Dec 31 – CBN
The Central Bank of Nigeria (CBN) has confirmed that old N200, N500, N1,000 notes will remain legal tender until December 31, 2023..
The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin, announced this in a statement on Monday.
AbdulMumin stated that the CBN took the decision based on the Supreme Court’s ruling of March 3, 2022.
“Accordingly, the CBN met with the Bankers’ Committee and has directed that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes till December 31, 2023.
“Consequently, all concerned are directed to conform accordingly,” the statement read in part.
The CBN’s statement comes after President Muhammadu Buhari absolved himself of any blame for the failure of the apex bank to obey the highest court in the land.
Follow us on social media:Old N200, N500, and N1,000 banknotes Remain Legal Tender – CBN…https://t.co/lA9ZfueFmn pic.twitter.com/xOBoGVATpz
— Central Bank of Nigeria (@cenbank) March 13, 2023
Several men accuse Diddy of r@p!ng them @n@lly in new wave of lawsuits
“US approving Ukraine to use missiles against Russia a big mistake” – Turkish president Erdogan
Lady cries out as she discovers her boyfriend of 11 months secretly infected her with HIV (Video)
Wizkid’s sister blows hot after being dragged for comparing brother to Albert Einstein
Four boys banished for life from upper-Benin over alleged g@y act (Video)
Trump announces plan to use military for mass deportation of Nigerians and others
Mixed reactions as singer Wizkid gives his colleague Davido a nickname
“Tinubu Has A Better Policy Document Than Peter Obi, Atiku” – Doyin Okupe says
-
News1 day ago“Tinubu Has A Better Policy Document Than Peter Obi, Atiku” – Doyin Okupe says
-
Crime1 day agoFive soldiers k!lled, 10 wounded and four missing as Boko Haram attacks troops in Borno
-
Lifestyle1 day ago17-year-old Delta student allegedly ass@ulted and locked inside dog cage by his female classmate’s father and brothers for visiting her
-
Celebrity Gossip & Gist1 day ago“FC dey do too much” – Video of a Wizkid die-hard fan bathing with a JBL speaker as he dances to the singer’s hit song “Dance” stirs the internet (Watch)