CBN Clears Air On Acceptance Of Old Naira Notes

1 week ago

The Central Bank of Nigeria has clarified reports that it directed commercial banks across the country to dispense and accept the deposit of old Naira notes after the Supreme court verdict.
https://i0.wp.com/storage.waploaded.com/images/df5df7d9effbb44d49dc84cea328da67.jpeg
Dr Isa Abdulmumin, Acting Director of Corporate Communication CBN, in an exclusive chat with Dailypost on Monday, clarified that there is no statement from the apex bank telling commercial banks to dispense and accept the old N500 and N1000 notes from Nigerians.

Abdulmumin was reacting to a statement by the Governor of Anambra State, Prof Chukwuma Soludo, claiming the apex bank had directed commercial banks to dispense and accept the old notes.

He said, “
Governor Charles Soludo’s statement emanates from him, not the Central Bank of Nigeria. The Central Bank has not issued any statement directing banks on a collection of old naira notes. I am sure sometime in the future; the bank will issue a statement”.

CBN’s silence 10 days after the Supreme Court ruling validating the old naira notes has continued to unsettle economic stakeholders amid Nigerians’ hardship over the naira crisis.

Comment Box is loading comments...
Related Forums
Katsina APC clears 22 LGAs, may win gov poll
Forum

Katsina APC clears 22 LGAs, may win gov poll

3 days ago
Wike’s anointed candidate, Fubara clears 8 LGAs in Rivers [See results]
Forum

Wike’s anointed candidate, Fubara clears 8 LGAs in Rivers [See results]

3 days ago
In Yobe, Gov Buni clears 8 LGs announced by INEC [See results]
Forum

In Yobe, Gov Buni clears 8 LGs announced by INEC [See results]

3 days ago
APC’s Abdulrazaq clears 11 of 16 LGs in Kwara, inches towards victory [See results]
Forum

APC’s Abdulrazaq clears 11 of 16 LGs in Kwara, inches towards victory [See results]

3 days ago