HomeWorld NewsJUST IN: Buhari Extends Validity of Outdated N200 Notes to April 10

JUST IN: Buhari Extends Validity of Outdated N200 Notes to April 10

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JUST IN: Buhari Extends Validity of Outdated N200 Notes to April 10
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The new naira notes
The brand new naira notes


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President Muhammadu Buhari has introduced the extension of the validity of previous N200 notes till April 10.

Saying the event in a televised nationwide deal with on Thursday and monitored by Politics Digest, the president mentioned all present previous N1000 and N500 notes stay redeemable on the Central Financial institution of Nigeria (CBN) and designated factors.

Additionally Learn: Buhari Full Speech on CBN’s Naira Redesign Policy

“To additional ease the provision pressures, notably to our residents, I’ve given approval to the CBN that the previous N200 financial institution notes be launched again into circulation and that it also needs to be allowed to flow into as authorized tender with the brand new N200, N500, and N1000 banknotes for 60 days from February 10, 2023 to April 10 2023 when the previous N200 notes ceases to be authorized tender,” the President mentioned.

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