Showing posts with the label Currency Swap

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

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.

CBN Never Authorised Commercial Banks to Collect Old N500 and N1000 Bank Notes - Osita

CBN has formally released a press statement disregarding the fake news that the Central Bank of Nigeria has authorised commercial banks to be collecting the old N500 and N1,000 bank notes.

CBN Old Bank Notes Cash Collection Portal

You can now deposit the old bank notes to the Central Bank of Nigeria at the designated CBN state offices nationwide including the FCT Abuja on the portal to generate reference code before proceeding to the CBN office.

President Buhari Approves Use of N200 only for Next 60 days

In the broadcast , the President direct the Central Bank of Nigeria to release into circulation the old bank of N200 for the next 60 days, while the old N500 and N1000 remains redeemable at the CBN designated points.

President Buhari Speech on the Currency Swap Issues and the State of the Nation

Nigeria's President Muhammadu Buhari has taken decisive executive power on the challenges being faced by Nigerians in the currency swap of N200, N500 and N1000.