We did not give fresh directive to Banks to start paying old naira notes — CBN

CBN Governor, Godwin Emefiele 

The Central Bank of Nigeria (CBN) has stated that it did not issue any fresh directive to commercial banks on last Friday’s judgement of the Supreme Court ordering the circulation of the old naira notes alongside the new ones until December 31.

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

However, a senior management source 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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