• Latest
  • Trending
Old Naira Remains Legal Tender Indefinitely -CBN

Old Naira Remains Legal Tender Indefinitely -CBN

May 29, 2025
FG Launches Satellite Training to Tackle Digital Divide in Cross River

FG Launches Satellite Training to Tackle Digital Divide in Cross River

July 28, 2025
NUJ Cross River Celebrates Hon. Ironbar on Honorary Doctorate Award

NUJ Cross River Celebrates Hon. Ironbar on Honorary Doctorate Award

July 27, 2025
Former Governor Imoke, Sen. Gershom Bassey, and PDP Bloc Accused of Hijacking ADC Coalition in Cross River State

Former Governor Imoke, Sen. Gershom Bassey, and PDP Bloc Accused of Hijacking ADC Coalition in Cross River State

July 24, 2025
Lafarge Africa Delivers 248% Profit Surge in Q2, Riding on Operational Strength and Currency Stability

Lafarge Africa Delivers 248% Profit Surge in Q2, Riding on Operational Strength and Currency Stability

July 23, 2025
Cross River Gov’s aide, wife honoured as health institute inducts 93

Cross River Gov’s aide, wife honoured as health institute inducts 93

July 22, 2025
Research Institute confers professional fellowship on Cross River NUJ boss

Research Institute confers professional fellowship on Cross River NUJ boss

July 21, 2025
Cross River secures Innoson partnership through local content push

Cross River secures Innoson partnership through local content push

July 21, 2025
2025 MCPDP: COMMUNITY HEALTH PRACTITIONERS REAFFIRM COMMITMENT TO STRENGTHEN PRIMARY HEALTHCARE DELIVERY AT GRASSROOTS.

2025 MCPDP: COMMUNITY HEALTH PRACTITIONERS REAFFIRM COMMITMENT TO STRENGTHEN PRIMARY HEALTHCARE DELIVERY AT GRASSROOTS.

July 20, 2025
Court jails 7 for internet fraud in Calabar

Court jails 7 for internet fraud in Calabar

July 17, 2025
Breaking:  Tinubu renames Maiduguri University  after Buhari

Breaking: Tinubu renames Maiduguri University after Buhari

July 17, 2025
Gov Otu names Prof. Francisca Bassey substantive VC of UNICROSS

Gov Otu names Prof. Francisca Bassey substantive VC of UNICROSS

July 17, 2025
Cross River NUJ elects new leadership

Cross River NUJ elects new leadership

July 18, 2025
PrimetimeNews
Monday, July 28, 2025
Subscription
Advertise
  • Politics
  • Lifestyle
  • Business
  • Governance
  • Humanity
  • Community report
  • Pastoral
  • Education
  • Environment
No Result
View All Result
PrimetimeNews
No Result
View All Result

Old Naira Remains Legal Tender Indefinitely -CBN

by Prime Time
May 29, 2025
in Economy
0

By Asuquo Cletus

The Central Bank of Nigeria has clarified that the old series of N200, N500, and N1,000 banknotes will remain valid indefinitely, refuting claims that the notes would cease to be legal tender on December 31st 2024.

YOU MAY ALSO LIKE

Cross River secures Innoson partnership through local content push

South-South stakeholders meet in Cross River to tackle food crisis

In a statement issued on Thursday by The acting Director of Corporate Communications, Hakama Sidi Ali the CBN emphasised that such reports are false.

It reads “The central Bank of Nigeria (CBN) had observed the misinformation regarding the validity of the old N1000, N500, and N200 banknotes currently in circulation.

“In line with the Bank’s previous clarifications and to offer further assurance, the CBN wishes to reiterate that the subsisting supreme court ruling granted on November 29,2023, permits the concurrent circulation of all versions of the N200, N500, and N1000 denominations of the Naira indefinitely.

“For the avoidance of doubt, all versions of the naira, including the old and new designs of N1090, N500, and N200 denominations, as well as the commemorative and previous designs of the N100 denomination, remain valid and continue to be legal tender without any deadline.

“We, therefore, advise the public to disregard any claims that the old series of the aforementioned banknotes will cease to be legal tender on December 31, 2024. We urge Nigerians to continue to accepting all naira notes for their daily transactions.”

The apex bank also encouraged citizens to embrace alternatives modes of payments to reduce the pressure on using physical cash.

ShareTweetPin

Search

No Result
View All Result

Search

No Result
View All Result

Categories

  • Achievements (15)
  • Agriculture (25)
  • Bereavement (64)
  • Breaking News (26)
  • Business (8)
  • Capacity Building (7)
  • Community report (21)
  • Crime (10)
  • Development (15)
  • Disclaimer (6)
  • Economy (17)
  • Education (29)
  • Entertainment (5)
  • Environment (12)
  • Exclusive (2)
  • Features (1)
  • Governance (82)
  • Government (7)
  • Health (18)
  • Human Capacity Development (11)
  • Human rights (15)
  • Humanity (25)
  • Jurisprudence (6)
  • Leadership (7)
  • Lifestyle (24)
  • National Assembly (1)
  • Opinion (3)
  • Pastoral (28)
  • Politics (66)
  • Property (1)
  • Public Safety (10)
  • Public Trust (11)
  • Security (24)
  • Service (6)
  • Special report (6)
  • Sport (13)
  • Sports (6)
  • Tourism (5)
  • Uncategorized (16)

Recent News

  • FG Launches Satellite Training to Tackle Digital Divide in Cross River
  • NUJ Cross River Celebrates Hon. Ironbar on Honorary Doctorate Award
  • Former Governor Imoke, Sen. Gershom Bassey, and PDP Bloc Accused of Hijacking ADC Coalition in Cross River State
  • About
  • advertise
  • Privacy & Policy
  • Contact Us

© 2024 Primetimenews -

No Result
View All Result
  • Politics
  • Lifestyle
  • Business
  • Governance
  • Humanity
  • Community report
  • Pastoral
  • Education
  • Environment

© 2024 Primetimenews -