JUST-IN: CBN Denies Asking Banks To Accept Old N500, N1000 Banknotes

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JUST-IN: CBN Denies Asking Banks To Accept Old N500, N1000 Banknotes News

The central Bank in a statement on Friday evening said the report was fake and unauthorised.

CBN spokesman, Osita Nwanisobi, said the apex bank strictly stands by the directive of President Muhammadu Buhari that only allows the old N200 note to circulate with the new one for a period of 60 days. “The attention of the Central Bank of Nigeria has been drawn to some fake and unauthorized messages quoting the CBN as having authorized the Deposit Money Banks to collect the old N500 and N1,000 Banknotes.“For the avoidance of doubt, and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY re-issue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023.

 

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Something, or someone, is broken at the CBN. We currently don't know what or whom, and they currently don't realize it, but truth will out. No rational regulator acts in this bizarre and erratic manner.

Shit!!! 🤥

Abeg collect or not to collect you people should let us know please, sick and tired of all these.

Kai better jonsing 😂😂🤣

Waytin we go believe now.

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