Cash scarcity: CBN gives update on validity of old N1000, 500, N200 Naira notes

Cash scarcity: CBN gives update on validity of old N1000, 500, N200 Naira notes …C0NTINUE READING HERE>>>

The Central Bank of Nigeria has reiterated that the old N1000, N500, and N200 denominations remain valid and legal tender nationwide.

The spokesperson of the apex bank, Hakama Sidi Ali, disclosed this in a statement on Friday.

CBN’s comments come as cash scarcity worsened nationwide despite the apex banks’ directive to Nigerian banks to ensure the availability of cash in Automated Teller Machines.

Reacting, CBN clarified that all its banknotes are valid, contrary to…

Cash scarcity: CBN gives update on validity of old N1000, 500, N200 Naira notes …CLICK HERE TO C0NTINUE READING >>>

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