• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, October 2, 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
3 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

FG Declares Friday, September 5, Public Holiday for Eid-ul-Mawlid
Celebration

The Worst Is Over, Nigeria on Path to Recovery, Says Tinubu at 65th Independence Anniversary

October 1, 2025
Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary
Celebration

Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary

October 1, 2025
Senator Nwoko Urges Ohaneze’s Sustained Backing for Creation of Anioma State
Celebration

Senator Nwoko Urges Ohaneze’s Sustained Backing for Creation of Anioma State

September 30, 2025
Delta North Monarch Affirms Anioma Are Igbos, Backs Nwoko’s Push for Statehood
Economy

Delta North Monarch Affirms Anioma Are Igbos, Backs Nwoko’s Push for Statehood

September 24, 2025
Next Post
Delta PDP guber candidate escapes assassination attempt

Delta PDP guber candidate escapes assassination attempt

Leave Comment

RECENT STORIES

Ned Nwoko Urges Accountable Leadership, Reaffirms Commitment to Anioma State Creation

Nigeria @65: Senator Ned Nwoko Urges Resilience, National Renewal

October 1, 2025
Osimhen Fires Galatasaray Past Liverpool, Wins Man Of The Match Award

Osimhen Fires Galatasaray Past Liverpool, Wins Man Of The Match Award

October 1, 2025
Oborevwori Congratulates CP Victor Erivwode at Eku Reception, Urges Him to Aim Higher in Police Service

Oborevwori Congratulates CP Victor Erivwode at Eku Reception, Urges Him to Aim Higher in Police Service

October 1, 2025
Delta Police Command Sensitises Corps Members on Cybercrime, Rights, Responsibilities

Delta Police Command Sensitises Corps Members on Cybercrime, Rights, Responsibilities

October 1, 2025
Fred Majemite Felicitates Nigerians at 65, Calls for Renewed Patriotism, Urges Leaders to Prioritise Good Governance

Fred Majemite Felicitates Nigerians at 65, Calls for Renewed Patriotism, Urges Leaders to Prioritise Good Governance

October 1, 2025

TRENDING STORIES

  • FIFA Strips South Africa of Win Over Lesotho for Fielding Ineligible Player

    FIFA Strips South Africa of Win Over Lesotho for Fielding Ineligible Player

    0 shares
    Share 0 Tweet 0
  • Delta Police Begin Enforcement on Tinted Glass, Siren, Number Plate Regulations October 2

    0 shares
    Share 0 Tweet 0
  • Uroye Calls for Calm, Dialogue as Tension Heightens Over Killing of Jerry, Consoles Family

    0 shares
    Share 0 Tweet 0
  • At 70, I Owe All Life Has Given Me to God – Chief Ejovi

    0 shares
    Share 0 Tweet 0
  • Delta CP Warns Officers Against Extortion, Phone Searches, Emphasises Professionalism

    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.