Business

CBN: We Didn’t Direct Banks To Disburse Old Notes

VOICE AIR MEDIA News Update

THE Central Bank of Nigeria (CBN) has said that it never issued a fresh directive to commercial banks to obey last Friday’s judgement of the Supreme Court ordering 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.”

VAM News

Recent Posts

2027: 11 APC National Assembly Candidates boycott Ondo Campaign Council inauguration

Only one out of the 12 National Assembly candidates of the All Progressives Congress(APC) in…

2 hours ago

Amotekun Nabs Five Suspects in Osun Over Alleged Criminal Activities

THE Osun Amotekun Corps has arrested five suspects over alleged theft, conspiracy, shop burglary and…

9 hours ago

Petrol price increased amid fuel discount

THE Nigerian National Petroleum Company Limited, NNPCL, has increased its premium motor spirit, PMS, pump…

22 hours ago

Security operatives arrest five suspects over corpers’ kidnap

Five suspected members of a criminal gang allegedly involved in the abduction of 20 prospective…

22 hours ago

Tinubu Approves Lifetime Salaries

President Bola Tinubu has approved lifetime salaries for retired Comptrollers-General and Deputy Comptrollers-General of the…

1 day ago

2027: INEC rules out automated accreditation, other

THE Independent National Electoral Commission (INEC) has assured Nigerians that critical electoral decisions, including voter…

1 day ago