CBN Speaks On Deadline For Old ₦200, ₦500, And ₦1,000 Notes

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CBN Speaks On Deadline For Old ₦200, ₦500, And ₦1,000 Notes …C0NTINUE READING HERE >>>

The Central Bank of Nigeria (CBN) has officially refuted rumours suggesting that old Naira notes will cease to be legal tender by December 31, 2024.

In a decisive statement issued by the Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, the CBN declared these claims baseless and misleading, designed to disrupt the nation’s payment systems.

Amidst circulating rumours about the discontinuation of old denominations of ₦200, ₦500, and ₦1,000 banknotes, the CBN has clarified that there is no deadline set for phasing out these notes.

The announcement comes as a…

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