CBN BREAKS SILENCE, SAYS OLD NAIRA NOTES REMAIN LEGAL TENDER TILL DECEMBER 31

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The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023.
The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin disclosed this in a statement on Monday.
This is coming 10 days after the Supreme Court ruled that old naira notes should co-exist with new ones till the end of the year.
The apex bank’s statement comes few hours after the presidency said the CBN had no reason not to comply with court orders on the excuse of waiting for directives from President Muhammadu Buhari.

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