• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, August 1, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Economy

Old N200, N500, and N1,000 banknotes remain legal tender – CBN

by Felix Ekwu
2 years ago
in Economy
Shoprite, Rainoil, Otres, others stop collection of old naira notes in Delta
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

The Central Bank of Nigeria (CBN) has directed banks to comply with the Supreme Court judgment of March 3 that the old N200, N500, and N1,000 banknotes remain legal tender until December 31, 2023.

The apex in a statement by its Acting Director, Corporate Communications, Isa AbdulMumin, said, “In compliance with the established tradition of obedience to court orders and sustenance of the rule of law principle that characterised the government of President Muhammadu Buhari, and by extension the operations of the Central Bank of Nigeria (CBN), as a regulator, Deposit Money Banks operating in Nigeria have been directed to comply with the Supreme Court ruling of March 3, 2023.

“Accordingly, the CBN met with the Bankers’ Committee and has directed that the old N200, N500 and N1000 banknotes remain legal tender alongside the redesigned banknotes till December 31, 2023.

“Consequently, all concerned are directed to conform accordingly.”

Previous Post

Buhari denies instructing Emefiele, Malami to disobey S’Court judgment on validity of old naira notes

Next Post

Delta PDP guber candidate escapes assassination attempt

MORE NEWS

Agbateyiniro Redefines Local Governance with Road, Bridge, Education, Health Projects in Warri South
Economy

Agbateyiniro Redefines Local Governance with Road, Bridge, Education, Health Projects in Warri South

July 26, 2025
Oyibode Showcases Achievements in Udu as NUJ Launches One-Year Stewardship Assessment of Delta Council Chairmen
Economy

Oyibode Showcases Achievements in Udu as NUJ Launches One-Year Stewardship Assessment of Delta Council Chairmen

July 26, 2025
You cannot remain overseas and still be on the payroll – Oborevwori to Delta civil servants
Economy

Delta Govt to Construct Flyovers at Agbor, Ughelli in N230bn Infrastructure Drive

July 23, 2025
Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target
Economy

Delta State IRS Records Over N104 Billion in 2025 Half-Year IGR, Eyes Surpassing Annual Target

July 21, 2025
Next Post
Delta PDP guber candidate escapes assassination attempt

Delta PDP guber candidate escapes assassination attempt

Leave Comment

RECENT STORIES

Between Ken Pela’s hollow vision and Oborevwori’s High Performance

Between Ken Pela’s hollow vision and Oborevwori’s High Performance

August 1, 2025
Media Attacks On Senator Dafinone: When Criticism Becomes a Tool for Political Blackmail

Media Attacks On Senator Dafinone: When Criticism Becomes a Tool for Political Blackmail

August 1, 2025
DESOPADEC Engages Warri Market Women on Dangers of Drug Abuse

DESOPADEC Engages Warri Market Women on Dangers of Drug Abuse

August 1, 2025
Unenurhie people in Ughelli North reject conduct of election, say process violates community constitution

Ughelli North Legislative Arm Suspends Three Councillors Over Gross Misconduct

July 31, 2025
Dino Melaye Resigns from PDP, Cites Party’s ‘Lack of Potency’

Dino Melaye Resigns from PDP, Cites Party’s ‘Lack of Potency’

July 31, 2025

TRENDING STORIES

  • Samuel Adjogbe Foundation Scholars Stand Out as AGGS Ughelli Holds 2025 Graduation Ceremony

    Samuel Adjogbe Foundation Scholars Stand Out as AGGS Ughelli Holds 2025 Graduation Ceremony

    0 shares
    Share 0 Tweet 0
  • Warri Urhobo APC Members Hold Unity Meeting, Adopt 8-Man Leadership Council

    0 shares
    Share 0 Tweet 0
  • Sports University of Nigeria, Idumuje-Ugboko: “A National Vision Made Manifest,” Says Senator Ned Nwoko as 2025/2026 Admissions Begin

    0 shares
    Share 0 Tweet 0
  • Delta Police Arrest Woman for Faking Own Kidnap to Avoid Debt

    0 shares
    Share 0 Tweet 0
  • Okowa’s Top Aide, Hilary Ibegbulem, Mourns Father’s Passing

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.