Tag: CBN breaks silence over alleged deadline for old naira notes circulation

The Central Bank of Nigeria (CBN) has dismissed reports suggesting that the old N200, N500, and N1,000 banknotes will cease to be legal tender on December 31, 2024. In an official statement issued on October 24, 2024, and signed by Sidi Ali Hakama, the Acting Director of Corporate Communications, the CBN clarified that these claims…