Newsroom Nigeria
  • Home
  • About Us
  • Advert Rates
Saturday, April 1, 2023
  • Login
Advertisement
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment
No Result
View All Result
Newsroom Nigeria
No Result
View All Result

CBN SAYS BANKS WILL COLLECT OLD NAIRA NOTES AFTER EXTENSION DEADLINE

He said subject to Section 20, Subsection 3 of the CBN Act 2007 and even after the old currencies have lost legal tender status, the CBN will continue to accept the old notes.

Newsroom Nigeria by Newsroom Nigeria
January 31, 2023
Reading Time: 1 min read
FUEL, NAIRA SCARCITY: APC ACCUSES “FIFTH COLUMNISTS WORKING IN CAHOOTS WITH PDP”
Share on FacebookShare on Twitter

Banks will continue to accept the old naira notes even after the deadline for swapping with the newly-designed currency notes, the Central Bank of Nigeria (CBN) Governor Godwin Emefiele has said.

The apex bank recently extended the deadline for the swap of the newly-designed N1,000, N500, and N200 notes following an outcry from Nigerians.

But while appearing before the House of Representatives committee on the new naira redesign and swap policy Tuesday, the CBN chief said banks will still accept the old notes after the deadline.

This Might Also Interest You

FIRSTBANK ANNOUNCES NAME CHANGE OF ITS SUBSIDIARIES, REITERATES COMMITMENT TO BOOSTING CROSS-BORDER BUSINESS OPPORTUNITIES 

Union Bank and CIG Motors Announce Partnership

ZENITH BANK RAKES DOUBLE-DIGIT GROWTH IN GROSS EARNINGS IN 2022

Bankruptcy: Court adjourns Ecobank’s suit against Otudeko till July 4

He said subject to Section 20, Subsection 3 of the CBN Act 2007 and even after the old currencies have lost legal tender status, the CBN will continue to accept the old notes.

Previous Post

APC DENIES ATTACK ON PRESIDENT BUHARI IN KANO, CALLS FOR ARREST OF PDP’S PUBLICITY SECRETARY

Next Post

2023: POLICE TRAINS OFFICERS TO COMBAT CULTISM, KIDNAPPING, ELECTORAL VIOLENCE

Related Posts

FIRSTBANK WINS BEST BANK IN NIGERIA AND BEST BANK IN DIGITAL TRANSFORMATION NIGERIA 2022
BANKING

FIRSTBANK ANNOUNCES NAME CHANGE OF ITS SUBSIDIARIES, REITERATES COMMITMENT TO BOOSTING CROSS-BORDER BUSINESS OPPORTUNITIES 

March 31, 2023
Union Bank and CIG Motors Announce Partnership
BANKING

Union Bank and CIG Motors Announce Partnership

March 31, 2023
ZENITH BANK EMERGES “BANK OF THE YEAR, NIGERIA” IN THE BANKER AWARDS 2022
BANKING

ZENITH BANK RAKES DOUBLE-DIGIT GROWTH IN GROSS EARNINGS IN 2022

March 29, 2023
Alleged $91.4m debt: Three Banks Move Against Osibodus, Benin Disco
BANKING

Bankruptcy: Court adjourns Ecobank’s suit against Otudeko till July 4

March 28, 2023
Polaris Bank, CBN Deepen Financial Literacy Among Young Nigerians
BANKING

Polaris Bank, CBN Deepen Financial Literacy Among Young Nigerians

March 28, 2023
UNIVERSITY OF NIGERIA, NSUKKA HONOURS ZENITH BANK CEO, EBENEZER ONYEAGWU WITH A DOCTORATE DEGREE
BANKING

UNIVERSITY OF NIGERIA, NSUKKA HONOURS ZENITH BANK CEO, EBENEZER ONYEAGWU WITH A DOCTORATE DEGREE

March 27, 2023
Next Post
2023: POLICE TRAINS OFFICERS TO COMBAT CULTISM, KIDNAPPING, ELECTORAL VIOLENCE

2023: POLICE TRAINS OFFICERS TO COMBAT CULTISM, KIDNAPPING, ELECTORAL VIOLENCE

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FIRSTBANK WINS BEST BANK IN NIGERIA AND BEST BANK IN DIGITAL TRANSFORMATION NIGERIA 2022

FIRSTBANK ANNOUNCES NAME CHANGE OF ITS SUBSIDIARIES, REITERATES COMMITMENT TO BOOSTING CROSS-BORDER BUSINESS OPPORTUNITIES 

March 31, 2023
N50million Bribe: Appeal Court Jails Two Chinese Nationals Six Years Each

N50million Bribe: Appeal Court Jails Two Chinese Nationals Six Years Each

March 31, 2023
FASORANTI VS ADEBANJO: TINUBU’S VICTORY SPLITS AFENIFERE

FASORANTI VS ADEBANJO: TINUBU’S VICTORY SPLITS AFENIFERE

March 31, 2023
Union Bank and CIG Motors Announce Partnership

Union Bank and CIG Motors Announce Partnership

March 31, 2023
HOW THE BLACK MARIA CONVEYING DIYA TO EXECUTION GROUND MYSTERIOUSLY BROKE DOWN

HOW THE BLACK MARIA CONVEYING DIYA TO EXECUTION GROUND MYSTERIOUSLY BROKE DOWN

March 30, 2023
  • Home
  • About Us
  • Advert Rates

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

No Result
View All Result
  • Home
  • News
  • Business
  • Politics
  • Sports
  • Entertainment

© 2022 Newsroom Nigeria is published by Newsroom Communication Services, a Media and Communication Company.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In