CBN directs banks to dispense and receive old N200, N500 and N1000 notes

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The Central Bank of Nigeria has directed commercial banks to dispense and receive old naira notes as legal tender across the country.

 

A statement by the acting Director, CBN Corporate Communications, Isa AbdulMumin, says the apex bank  gave the directive at a Bankers’ Committee meeting held on Sunday. 

 

Banks have now been authorised to dispense and receive the old Naira notes. 

 

Read the statement below…

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