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The CBN has provided clarification on the expiration date for the old 200, 500 and 1,000 naira notes
The Supreme Court in March announced that old naira notes remain a legal tender in Nigeria until December 31, 2023
It is two months to the deadline, and rumours of cash scarcity have resurfaced despite high money supply
The Central Bank of Nigeria (CBN) has clarified that the old 200, 500, and 1000 naira notes would continue to be legal tender even after December 31, 2023.
A senior official, who spoke anonymously, assured Nigerians that both old and new banknotes would still be considered legal tender.
Peoplesmind
