BREAKING: CBN to change N200, N500, N1000 notes effective December 15

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The Central Bank of Nigeria has announced the withdrawal of N200, N500, and N1000 notes commencing with immediate effect, and that they would be replaced with newer notes from December 15 this year

In a special announcement made on Wednesday, the CBN governor, Godwin Emefiele said the old notes would cease to be legal tender from January 31, 2023.

He said the apex bank has received the approval of FEC.

 

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More details to follow