CBN orders banks to collect old N500, N1,000 notes The Central Bank of Nigeria (CBN) has ordered commercial banks to collect old N500 and N1,000 notes from customers. Following the Supreme Court directive, the old notes are now considered legal tender. READ ALSO: Supreme Court declares old naira notes legal tender till Dec 31 CBN’s spokesman Isa Abdulmumin said banks have started issuing the old and new notes to customers at their various Automated Teller Machines (ATMs) terminals and over the counter. Although the CBN had not yet made an official statement on the matter,...