Messages saying commercial banks asked to collect old N500, N1,000 fake, unauthorized – CBN
By BASHIR ADEFAKA
Information reaching us at The DEFENDER says people still collecting old Naira notes that are no longer legal tender in the country are on their own.
This was as the Central Bank of Nigeria (CBN), in a statement, alerted members of the public to what it described as “some fake and unauthorized messages” quoting the apex bank as having authorized the Deposit Money Banks to collect the old N500 and N1,000 Banknotes.
According to the statement signed by its Director, Corporate Communications, Mr. Osita Nwanisobi, dated 17th February, 2023 and obtained by The DEFENDER on Friday, the CBN was resolute on its resolve to sanitise the nation’s economic and financial sector, which it has repeatedly said will lead to short and long term gains for the nation and the people, albeit the temporary inconvenience occasioned by activities of some saboteurs within the banking system among others.
“For the avoidance of doubt and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023.
“Members of the public should therefore disregard any message and/or information not formally released by the Central Bank of Nigeria on this subject,” the apex bank said.
Find the CBN statement below:
