Connect with us

    Hi, what are you looking for?

    E-Financial

    CBN Denies Asking banks to disburse old notes

    CBN

    Central Bank of Nigeria (CBN) has said that it never issued a fresh directive to commercial banks to obey last Friday’s judgement of the Supreme Court ordering the circulation of the old naira notes alongside the new ones until December 31.

    CBN spokesman, Isa Abdulmumin, who spoke to Daily Trust, said the apex has not issued an official statement.

    A senior management source also said; “Both the old and new notes are legal tender, and banks are currently issuing them to customers. Nigerians should not reject any note, whether old or new.”

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Anambra State is quietly engineering one of Nigeria’s most ambitious transformations in public governance, one powered by artificial intelligence, expanded broadband infrastructure and deep...

    Business

    Corporate Affairs Commission (CAC) has announced that all unregistered Point-of-Sale (PoS) operators across Nigeria will be shut down effective Jan. 1, 2026. In a...

    Tech

    Engr. Ikechukwu Nnamani, Chief Executive Officer of Digital Realty Nigeria, says the country currently has no data centres designed for core Artificial Intelligence (AI)...

    Politics

    A High Court in Abuja has directed Nyesom Wike, minister of the Federal Capital Territory, to enter an appearance in a forty billion naira...