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BREAKING: CBN directs banks to accept old N500, N1,000 notes

By Editor 13/03/2023 0

ABUJA – The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson, announced the development in a statement on Monday. “In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that […]Continue Reading

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Bank should stop issuing old notes to customers, says Gov. Adeleke

By Admin Admin Sundiatapost 1 13/03/2023 0

OSOGBO- Gov. Ademola Adeleke of Osun, has warned commercial banks in the state to stop issuing old naira notes to customers, if they will not accept it back as deposits. This is contained in a statement by his spokesperson, Malam Olawale Rasheed, on Monday in Osogbo. The governor said that the maltreatment of residents of […]Continue Reading

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Benin residents rejects old N500, N1,000 in spite of Obaseki’s appeal

By Admin Admin Sundiatapost 1 10/03/2023 0

BENIN- Many Benin residents are still rejecting the old N500 and N1,000 notes for business transactions in spite of Gov. Godwin Obaseki’s appeal to accept them. The News Agency of Nigeria (NAN) reports that the governor had in a statement issued on Thursday by the Edo State Ministry of Communication and Orientation urged residents of […]Continue Reading

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Akeredolu decries rejection of old Naira notes by traders

By Admin Admin Sundiatapost 1 09/03/2023 0

AKURE- Gov. Rotimi Akeredolu of Ondo State on Thursday decried the rejection of old naira notes by traders and business owners in the state. Akeredolu in a statewide broadcast in Akure, said the rejection of the old naira notes was a flagrant disobedience of the law. The governor explained that rejecting the old N200, N500 […]Continue Reading