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

APC Chieftain Writes Governor Aiyedatiwa Over Marginalization, Imposition in Ilara Mokin Ward 1

A top All Progressives Congress, APC, chieftain in Ifedore Local Government has petitioned the Ondo…

12 hours ago

NDC Vice Chairman, Assembly ‘Candidate’, Others Defect to APC

THE Nigeria Democratic Congress (NDC) in Bayelsa State has lost key members of the party…

15 hours ago

Osun Councils Boost Security as ALGON Shares Remaining Operational Vehicles To Army, Police, Others

News Update As part of effort to fulfilling their promises, the Osun State council executives…

17 hours ago

INEC Reacts To Court Judgment On NDC, Reveals Next Step

News Update THE Independent National Electoral Commission, INEC, has said it is yet to receive…

18 hours ago

Osun Diaspora Backs Adeleke’s Re-Election, Condemns Wave of Killings

THE Osun State Civil Society Campaign Committee and members of the Osun Diaspora community have…

20 hours ago

21 countries qualify for World cup knockout stage

News Update At least 21 countries have confirmed their places in the Round of 32…

23 hours ago