We Didn’t Direct Banks To Disburse Old Notes, CBN Says

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According to the Central Bank of Nigeria (CBN), it has never sent new directives to commercial banks to comply with the Supreme Court’s ruling last Friday allowing the continued use of old and new banknotes in cash. naira until December 31.
CBN spokeswoman Isa Abdulmumin, who spoke to the Daily Trust, said the top has not made an official statement.

A senior management source also said:

“Both the old and new notes are legal tender, and banks are currently issuing them to customers. Nigerians should not reject any note, whether old or new.”

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