We Didn't Direct Banks To Disburse Old Notes – CBN

Posted by Amarachi on Wed 08th Mar, 2023 - tori.ng

CBN spokesman, Isa Abdulmumin, said the apex has not issued an official statement.

The Central Bank of Nigeria (CBN) has disclosed that it has not issued a directive to commercial banks across the country to obey the Supreme Court order of the circulation of the old naira notes alongside the new ones until December 31.

CBN spokesman, Isa Abdulmumin, who spoke to Daily Trust, said the apex has not issued an official statement.

A senior management source also said;

“Both the old and new notes are legal tender, and banks are currently issuing them to customers. Nigerians should not reject any note, whether old or new.”

 

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