Tag: old notes
Old notes: Lagos residents conform as banks struggle to pay
Lagos State residents on Tuesday began to accept the old N200, N500 and N1,000 banknotes for transactions, following a validation from the Central Bank...
CBN: Old N200, N500, N1,000 remain legal tender till December
It is official: The Central Bank of Nigeria (CBN) has complied with the judgement of the Supreme Court which ordered that the old N200,...
Banks issue old notes in Abuja, customers lament rejection
Commercial banks in the Federal Capital Territory (FCT), Abuja have started issuing the old Naira notes to customers.
Checks at some banks in Abuja on...
Banks begin payment of old N500, N1,000 notes
Some commercial banks have started paying customers old N500 and N1,000 notes on Monday, March 6.
Some of the banks that paid the old notes...
S’Court: Old N200, N500, N1,000 notes remain valid till December
The Supreme Court has ruled that the old N200, N500 and N1,000 notes remain legal tender till December 31, 2023.
The court also declared the...
Old notes: CBN, banks mop up N1.9trn, N900bn still with Nigerians
The Central Bank of Nigeria (CBN) and commercial banks have mopped N1.9 trillion old naira notes from circulation, leaving N900 billion with Nigerians.
A staggering...