JUST IN: Old Naira Notes Remain Legal Tender Till Dec 31 - Supreme Court
By Ozumi Abdul
The Supreme Court, on Friday, nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tenders.
The apex court, in a unanimous decision by a...
JUST IN: CBN Denies Ordering Banks to Collect Old N1000, N500 Notes
By Ozumi Abdul
The Central Bank of Nigeria (CBN) has denied reports making the rounds that it has authorized deposit money banks to collect the old N500 and N1,000 banknotes.
In a statement by Osita...
Cash Crunch: CBN Gives Fresh Order to Banks Over Old N500, N1,000 Notes
The Central Bank of Nigeria (CBN) has directed commercial banks to start collecting the old N500 and N1,000 notes from the public with immediate effect.
It was also learned that the CBN however...
Old Notes Remain Legal Tender in Jigawa, Kaduna - Govt
The Jigawa State Government has said the old naira notes remain legal tender in the state pending the judgment of the Supreme Court.
In the same vein, the Kaduna State Governor, Malam Nasir El-Rufai, in a...
Nigerian Banks To Stop Accepting Old £20, £50 Notes Dec 31
Deposit Money Banks in Nigeria have issued a deadline of December 31, 2021 for the acceptance of old £20 and £50 notes to enable proper conclusion of cash evacuation.
One of the banks, Fidelity Bank...
