CBN reiterated that Naira notes are sufficiently available across its branches nationwide. 'Our attention has again been drawn to reports of a scarcity of cash across some major cities in the country despite assurances of sufficient cash stocks in all locations across the country. 'We wish to restate that all denominations of banknotes issued by the Central Bank of Nigeria remain legal tender.
reports that members of the public are getting apprehensive as the 31st December deadline for the validity of N200, N500 and N1000 naira notes draws near. Recall that in March, the Supreme Court affirmed the validity of the old notes amid the controversy which clouded the Naira redesign policy.
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