CBN Confirms Old Naira Notes Are Here to Stay—No Deadline in Sight!

The Central Bank of Nigeria has clarified that old naira notes—N200, N500, and N1,000—will remain legal tender indefinitely, quelling fears of a December 31 deadline. Traders in Abia State, recalling last year’s cash shortages, expressed relief at the CBN’s decision. Acting CBN Communications Director, Sidi Hakama, reaffirms the Supreme Court’s order, standing by the continued use of all naira notes. Do you agree with the CBN’s stance? Let us know in the comments below! Don’t forget to like, share, and subscribe for more updates on financial and policy news in Nigeria.

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