CBN Says Old N200, N500, and N1,000 banknotes Remain Legal Tender

Old bank notes

The Central Bank of Nigeria, CBN has made it clear that the old bank notes of N200, N500 and N1000 remain legal tender in compliance with Supreme Court Judgment.

The CBN governor, Godwin Emefiele has finally complied with the Supreme Court judgment ordering the old banknotes of N200, N500 and N1,00 to be in circulation with the new bank notes till December 31.

This was contained in a tweet by the Central Bank of Nigeria directing all banks and Nigerians to start using the old bank notes after week of hardship faced by Nigerians.

FOB News