BREAKING: Buhari orders return of old N200 note into circulation
Story from Kenneth AFOR, LAGOS
Nigeria’s President, Muhammadu Buhari, has ordered the Central Bank of Nigeria (CBN) to return of old N200 note into circulation making it a legal tender from February 10, 2023 to April 10, 2023.
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The president disclosed this during the nationwide broadcast on Thursday, February 16, 2023.
The president said the old N200 note and the new note including the new N500 and N1,000 notes will run concurrently.
The old N500 and N1,000 notes cease to be legal tender.
The president also directed the CBN to ensure that the accepted naira notes be adequate in circulation.
More details to follow…