News
Jubilation In Nigeria As CBN Declares Old Naira Notes As Legal Tender

The Central Bank Of Nigeria (CBN) has on Monday, March 13th said old N200, N500, N1,000 bank notes 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 notes till the end of the year.
“In compliance with the established tradition of obedience to court orders and sustenance of the rule of Law principle that characterized the government of President Muhammadu Buhari, and by extension, the operation of the central bank of Nigeria (CBN), as a regulator, deposits money banks operating in Nigeria have been directed to comply with the Supreme Court ruling of March 3, 2023.
Accordingly, the CBN met with bankers’ committee and has directed that the old Notes remain Legal Tender alongside the new notes till December 31, 2023.”
-
Headline1 week ago
TRANSFER: Napoli Sign Dutch Forward Noa Lang from PSV Eindhoven
-
Headline1 week ago
BREAKING: FIFA Strips Liverpool, Madrid, Man City Club W’cup Titles
-
Headline1 week ago
JUST IN: Sen Natasha’s Plenary Resumption Date Announced
-
Headline1 week ago
JUST IN: Pastor Jerry Eze Gets US Citizenship
-
Headline7 days ago
Pope Leo Condemns Strike On Gaza Church Calls For End To ‘Barbarity Of War
-
Headline6 days ago
PHOTOS: Moment Retired Police Officers Protest In the Rain At N’Assembly Gate
-
Education1 week ago
BREAKING: President Tinubu Names University Of Maiduguri After Lte. Buhari
-
Headline5 days ago
UPDATED: Security Showdown Looms As Sen. Natasha Heads To NASS
-
Headline5 days ago
WAFCON 2025 S’FINAL: Super Falcons Set To Battle Banyana Banyana— Time, Venue
-
Headline4 days ago
Maduka Okoye Hit With Betting Ban — Out Until October