Jomog
  • Home
  • About Us
  • News
  • Politics
  • Entertainment
  • Health
  • Sports
  • Gist
  • Contact Us
No Result
View All Result
Jomog
No Result
View All Result
Home Business

Naira Redesign: Old, New Notes Are Legal Lender – CBN Reveals

by Editor
March 7, 2023
Naira Redesign: Old, New Notes Are Legal Lender – CBN Reveals
Share on FacebookShare on TwitterShare on Whatsapp

The Central Bank of Nigeria said that both old and new notes are now legal tender. The Acting Director of Corporate Communications CBN, Dr Isa Abdulmumin disclosed this on Tuesday.

RELATED POSTS

IWD: Fidelity Bank Signs MoU with Partners, Launch ‘Give Her Power’ Initiative to Empower Nigerian Women

Union Bank’s Union Cares Initiative Celebrates Academic Excellence at Pacelli School for the Visually Impaired Graduation

Fidelity Bank ED, Kevin Ugwuoke Takes Over As President Of Risk Managers Association

He affirmed that commercial banks have started issuing both the old and new notes to their customers.

But insisted that the apex bank is yet to issue an official statement.

He said, “Banks are paying old notes as well as new notes. They are all legal tender.

“Yes, the CBN has not issued an official statement on the issue. Anyone banks give to you, you can collect. We just want to make life easy for Nigerians.”

Last week, the Supreme Court gave its verdict on Naira redesign, directing the federal government to allow the validity of N200, N500 and N1000 notes till 31 December.

In response to the ruling, JomogNews gathered on Monday that some banks in Abuja and Lagos have started issuing the old notes to customers.

But, traders, business owners and motorists are not accepting the old notes.

Related Posts

IWD: Fidelity Bank Signs MoU with Partners, Launch ‘Give Her Power’ Initiative to Empower Nigerian Women
Business

IWD: Fidelity Bank Signs MoU with Partners, Launch ‘Give Her Power’ Initiative to Empower Nigerian Women

Business

Union Bank’s Union Cares Initiative Celebrates Academic Excellence at Pacelli School for the Visually Impaired Graduation

Fidelity Bank ED, Kevin Ugwuoke Takes Over As President Of Risk Managers Association
Business

Fidelity Bank ED, Kevin Ugwuoke Takes Over As President Of Risk Managers Association

PRUDENTIAL ZENITH LIFE INSURANCE, JUNIOR ACHIEVEMENT PARTNER ON FINANCIAL LITERACY
Business

ZENITH BANK ENHANCES STAFF PAY BY OVER 20% AND PROMOTES ABOVE 4,000

UBA PROMOTES SAVINGS CULTURE, LAVISH PRIZES ON BUMPER ACCOUNT HOLDERS
Business

UBA Shareholders Earn 375% Capital Gains In 5 Years

Polaris Bank Provides Free Breast Cancer Screening for 250 Nigerian Women
Business

Polaris Bank Clinches “Best Mobile App” Award at Digital Jurist Awards 2024

Next Post
Allah Guide, Grant You Wisdom As President – Sultan Of Sokoto Tells Tinubu

Allah Guide, Grant You Wisdom As President – Sultan Of Sokoto Tells Tinubu

Peter Obi: Why I’m Personally Heading To Appeal Court

Peter Obi: Why I’m Personally Heading To Appeal Court

More Reports

Senate Will Summon Wike Over Worsening Banditry In Abuja – Kingibe

Court Dismisses Suit Seeking To Stop Senator Kingibe From ADC Activities, Fines Plaintiffs ₦20m

Funeral Begins For Ogbomoso Assistant Headmaster Killed By Bandits

Funeral Begins For Ogbomoso Assistant Headmaster Killed By Bandits

32 Students, Teachers Still Held Captive As Oyo Police Deny Rescue Claims

32 Students, Teachers Still Held Captive As Oyo Police Deny Rescue Claims

DHQ: Fleeing JAS Terrorists Responsible for Oyo State Kidnappings

DHQ: Fleeing JAS Terrorists Responsible for Oyo State Kidnappings

JAMB Gets Youngest Registrar Ever as Tinubu Appoints Prof. Segun Aina

JAMB Gets Youngest Registrar Ever as Tinubu Appoints Prof. Segun Aina

Frank Edoho Vows Legal Action, Rejects Estranged Wife’s Abuse and Infidelity Claims

Frank Edoho Vows Legal Action, Rejects Estranged Wife’s Abuse and Infidelity Claims

JAMB Set To Release 2024 UTME Results

Just In: JAMB Approves Release of 279 Withheld UTME Results After Review

© Jomog.com.ng

No Result
View All Result
  • Home
  • About Us
  • News
  • Politics
  • Entertainment
  • Health
  • Sports
  • Gist
  • Contact Us

© Jomog.com.ng