Naira Redesign: Press Release – ‘CBN directed to ONLY reissue and recirculate the old ₦200 banknotes as legal tender’

President Muhammadu Buhari’s broadcast of ₦200 as legal tender up to April 10, 2023 👇 The Central Bank of Nigeria (CBN) has come out to clarify on the “fake messages quoting the CBN as having authorized the Deposit Money Banks to collect the old ₦500 and ₦1,000 banknotes”.

Newly redesigned Naira notes (₦200, ₦500 and ₦1,000)
Newly redesigned Naira notes (₦200, ₦500 and ₦1,000)

The Nigerian Apex Bank said, President Muhammadu Buhari’s broadcast of February 16, 2023, directs the CBN to “ONLY reissue and recirculate the old ₦200 banknotes as legal tender up to April 10, 2023”.

The CBN “advised media practitioners to PLEASE verify before publication”.

These statements were made via a Press Release by the Central Bank of Nigeria (CBN) signed by the Director, Corporate Communications Department, Osita Nwanisobi.

The Press Release ⬇️

Watch (@MBuhari): President Muhammadu Buhari’s broadcast of ₦200 as legal tender up to April 10, 2023 – (From top to bottom) ⬇️

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