CBN Confirms N200, N500, N1000 As Legal Tender
The Central Bank of Nigeria ,CBN, has said old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa AbdulMumin disclosed this in a statement late last night. This is coming 10 days after the Supreme Court ruled that old naira notes should co-exist with […]
Ibadan Residents Lament Over Old Naira Note Scarcity Despite Court Judgement
It’s being over a week now after the Supreme Court ordered the Central Bank of Nigeria, CBN and the Federal Government to allow the old N200, N500 and N1,000 banknotes to remain legal tender until December 31. However, Nigerians are still unable to obtain the old and new Naira bank notes. Vintage Fm Reporter Victor […]
CBN Orders Commercial Banks To Collect Old N500, N1000 Notes
The Central Bank of Nigeria, CBN, has ordered Commercial banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It however pegged the maximum amount the banks can collect from each customer at N500,000. Meanwhile, the CBN maintained that the old currencies are no more legal tender. The CBN […]
Protest Breaks Out In Some Parts Of Ibadan Over Scarcity Of New Naira Notes
Protest broke out today in some part of Ibadan, the Oyo state capital over the scarcity of the new naira notes of N200, N500 and N1000. According to reports reaching Vintage FM News Room, there were gunshots and chaos between the Police and some residents around Iwo Road, Ibadan. Reactions have started trailing the 60 […]
