CBN Counters House Of Reps, Says No Deadline On Old Naira Notes …C0NTINUE READING HERE >>>
The Central Bank of Nigeria (CBN) has said that there is no plan to stop the circulation of the old denominations of Naira banknotes.
In a statement that was issued late Thursday night, the central bank said it was reacting to insinuations in some quarters suggesting that the old series of the N200, N500, and N1,000 banknotes will cease to be legal tender on December 31, 2024.
LEADERSHIP reports a Wednesday resolution of the House of Representatives following adoption of a motion urging the CBN to increase the circulation of the redesigned Naira notes since the old ones will cease…
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