News
Naira Redesign: CBN gives update on return of old notes
Barely eighteen days before the deadline set by the Central Bank of Nigeria, CBN, for the stoppage of the circulation of the old Naira notes, the apex bank has indicated it won’t extend the deadline.
CBN in a Facebook post on its verified page on Friday reminded Nigerians that new notes of N200, N500 and N1000 would cease to be legal tenders by January 31 this year.
Recall that the CBN launched the redesigned notes of N200, N500 and N1000 on November 23, 2022, by President Muhammadu Buhari.
The new currency notes were circulated from December 15, 2022.
The apex bank said Nigerians should return the old notes before the deadline.
“A reminder to the general public that the old series of N200, N500 and N1000 notes cease to be legal tender by January 31, 2023.
”You are once again advised to return them to your bank before the deadline,” CBN wrote
-
Politics6 days agoJUST-IN: George Turnah Welcomes Isaac Amakuro’s Disassociation from G-House Political Family
-
Business22 hours agoAn Open Appeal To The Gov. Of Bayelsa State, Sen. Diri Douye Regarding The Removal Of My Prominent Billboard On Azikoro Road, Near Ekeki Park.
-
News2 days agoPolice have arrested three suspects who offered a pregnant woman N30 million to terminate her six-month-old fetus for a ritual in Niger State
-
National7 days agoNigerian Cybercrime Police Centre Summons UK-Based Blogger Over Sowore Birthday Post
-
Crime6 days agoWhy I Butchered Student I Met on Facebook – Kwara Cleric
-
News7 days agoThe suspect involved alleged N62 million extortion case has revealed details regarding the police’s role
-
Crime7 days agoTwo residents of FCT killed by kidnappers due to delays in paying their ransom
-
Gist22 hours agoA housewife in Bauchi has stabbed her husband to death during a dispute over child custody