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The Central Bank of Nigeria has declared that old designed Naira banknotes will not go off the street and circulation anytime soon, even beyond December 31, 2023, reports ITREALMS.
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Showing posts with label Old design Naira banknotes. Show all posts
Showing posts with label Old design Naira banknotes. Show all posts
Tuesday, November 14, 2023
CBN: Old design Naira banknotes not going off street soon, beyond December 2023 - ITREALMS
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The Central Bank of Nigeria has declared that old designed Naira banknotes will not go off the street and circulation anytime soon, even beyond December 31, 2023, reports ITREALMS.
CBN through its Director, Corporate Communications, Dr. Isa AbdulMumin, recalled that the Apex bank had introduced the redesign of N200, N500 and N1,000 denominations in October 2022 and certain deadlines were set for the old design of these denominations to cease as legal tenders.
The Central Bank of Nigeria has declared that old designed Naira banknotes will not go off the street and circulation anytime soon, even beyond December 31, 2023, reports ITREALMS.
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