CBN Denies Directing Banks To Accept Old N500 And N1000 Banknotes, Releases Official Statement

Just when we were about to start celebrating the news a few minutes ago that Nigerians can deposit the old N500 and N1000 banknotes , CBN releases an official press release and it’s heartbreaking.

According to the statement, the apex bank is only working with President Buhari’s instructions as contained in his nationwide broadcast on February 16th, 2023.

See the press release below