Tag: Banks begin payment of old N500

  • Banks begin payment of old N500, N1,000 notes

    Banks begin payment of old N500, N1,000 notes

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    by

    Olumide Akinrinlola
    in

    Following the Supreme Court judgment, which extended the validity of the Central Bank of Nigeria currency redesign policy to December 31, some banks across the country have started paying out the old N500 and N1,000 notes to customers. Guaranty Trust Bank, Polaris Bank and some other banks were on Monday confirmed to be dispensing the…