Advertisement
2023 GOVERNORSHIP AND
STATE HOUSE OF ASSEMBLY ELECTIONS
- days
- Hours
- Minutes
- Seconds
Advertisement
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to release old N200 notes into circulation to co-exist with the new N200, N500 and N1,000 banknotes for 60 days.
The President, who made this known in a nationwide broadcast on Thursday, directed the CBN to allow the new notes available to all citizens.
The President apologised to Nigerians over the difficulty experienced in the implementation of the naira redesign policy.
“To further ease the supply pressure, particularly on our citizens, I have given approval to the CBN that the old N200 bank notes be released back into circulation and it should also be allowed to circulate as legal tender with the new N200, N500 and N1,000 bank notes for 60 days,” he said.
He says Nigerians are to return all old N1,000 and N500 to the bank.
Advertisement
More details to follow…
(Channels TV)
Disclaimer
Contents provided and/or opinions expressed here do not reflect the opinions of The Pacesetter Frontier Magazine or any employee thereof.
Support The Pacesetter Frontier Magazine
It takes a lot to get credible, true and reliable stories.
As a privately owned media outfit, we believe in setting the pace and leaving strides in time.
If you like what we do, you can donate a token to us here. Your support will ensure that the right news is put out there at all times, reaching an unlimited number of persons at no cost to them.
Related posts
FG, doctors reach truce to end strike
Stay connected
Recent News
Enugu gov’t insists on quality, integrity, timely delivery of smart schools, healthcare projects across state
Advertisement Governor of Enugu State, Dr. Peter Mbah, has charged contractors and the site engineers handling construction of the 260…
Govs, Atiku, Wike, others in Attendance at PDP National Caucus Meeting
Advertisement The Presidential Candidate of the Peoples Democratic Party (PDP) in the 2023 general elections, Mr Atiku Abubakar and the…