old naira notes

The House of Representatives, on Thursday, urged the Central Bank of Nigeria (CBN) to commence the gradual withdrawal of old naira notes and make available to Nigerians new notes in N200, N500, and N1,000 denominations. The Green…
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Socio-Economic Rights and Accountability Project, SERAP, has called on Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso,  to account for, and explain the whereabouts of the over N100 billion ‘dirty and bad notes’ and ‘other…
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The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira notes while issuing new currencies. The acting governor of the apex bank, Folashodun Shonubi announced this, on Tuesday…
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Banks in satellite towns of the Federal Capital Territory (FCT), on Saturday opened for business as directed by the Central Bank of Nigeria (CBN). The News Agency of Nigeria (NAN) correspondent who monitored some banks in the Territory,…
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The Central Bank of Nigeria, CBN has confirmed the evacuation of old bank notes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations. The CBN…
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Gov. Bello Matawalle of Zamfara said the Central Bank of Nigeria (CBN)’s compliance with the Supreme Court Order on old currency notes was a victory for Nigerians. Matawalle stated this in a statement issued by Malam Zailani Bappa, his…
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Central Bank of Nigeria (CBN) declared on Monday that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes till Dec. 31, 2023. It said in a statement issued by its Acting Director, Corporate…
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Nigeria Union of Journalists, NUJ, has expressed dismay over the failure of the Central Bank of Nigeria, CBN, to issue a categorical statement on the use or otherwise of old naira notes. The Abia State Council of NUJ made its position…
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The Supreme Court on Friday served its ruling on naira redesign to Abubakar Malami Attorney General of the Federation and Minister of Justice. What this implies is that there is no excuse for not complying with the ruling. A document…
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Some traders and marketers in Lagos have said they would accept the old denominated naira notes of N500 and N1,000, only when President Muhammadu Buhari gives the order. The people told the News Agency of Nigeria (NAN) in separate…
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