<h4>We Have Not Directed Commercial Banks To Accept 500,1000 Notes</h4>
<p>OpenLife Nigeria reports that the Central Bank of Nigeria, CBN has denied the news in circulation directing commercial banks to accept 500, 1000 bank notes.</p>
<p>The CBN said it was only asked to reissue and recirculate the old N200 notes, adding that it did not authorise deposit money banks to collect the old N500 and N1,000 banknotes as being speculated.</p>
<p>Hours after news was circulated on Friday that such order was given, CBN’s Director of Corporate Communications, Osita Nwanisobi, urged the public to disregard the news.</p>
<p>The bank said it was only asked to reissue and recirculate the old N200 notes.</p>
<p>The CBN advised the public to disregard any message and/or information not formally released by the bank on this subject.</p>
<p>It also advised media practitioners to endeavour to verify any information from the correct sources before publication.</p>

How Oyo State Next Governor Will Emerge---Seyi Makinde OpenLife reports that Oyo State Governor,…
Jarvis Lists Condition Before Sexual Intercourse With Peller OpenLife reports that content creator Jarvis…
“I Never Planned To Act” — Stella Damasus Breaks Silence On Career Twist OpenLife…
Jibola Olarinoye OpenLife Nigeria reproduces a piece by Pastor Jibola Olarinoye highlighting the sterling qualities…
Celestial Church Denies Link To Pastor And Wife Arrested With Drugs At Seme Border, Badagry…
Actress Witney John Breaks Silence After Husband’s Shocking Property Betrayal OpenLife reports that Nigerian…
This website uses cookies.