The Central Bank of Nigeria (CBN) on Monday said old N200, N500, and N1,000 banknotes remain legal tender Till December 31, 2023.
The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin stated this in a statement on Monday.
“In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of the Central Bank of Nigeria (CBN), as a regulator, Deposit Money Banks operating in Nigeria have been directed to comply with the Supreme Court ruling of March 3, 2023.
“Consequently, all concerned are directed to conform accordingly.”
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