CBN Confirms Old Naira Notes Will Remain Legal Tender Indefinitely
The Central Bank of Nigeria (CBN) has confirmed that the old N200, N500, and N1,000 banknotes will remain legal tender indefinitely, dismissing claims that they would cease to be valid by December 31, 2024. In a statement on Thursday, the Acting Director of Corporate Communications, Sidi Hakama, emphasized that such reports are “false and calculated […]