Skip to main content

Nigeria's First Lady Aisha Buhari Shares 70-day Extension Of Old Notes By The Central Bank Of Nigeria (CBN) - CBN Refutes The Claim

Earlier on today, Tuesday, the president’s wife, Aisha Buhari, shared a statement allegedly issued by the Central Bank of Nigeria (CBN) extending the validity of old N200, N500 and N1,000 notes to May 1, 2023.

The statement release purported that the CBN gave the directive on Tuesday, February 21 after a meeting with President Muhammadu Buhari.

“Due to the current and unpleasant situation in Nigeria, in line with Mr. President, after having a closed meeting with him on the 20th of February, 2023, Central Bank of Nigeria has been directed to only reissue and recirculate the old N200, N500 and N1,000 banknotes and this is expected to circulate as legal tender for 70 days up to May 1, 2023. It read.

“Members of the public should therefore continue to spend the old notes,” the statement read.

However in a reaction to the publication shared by the first lady, the CBN in a statement signed by Nwanisobi, dismissed the report .

The statement reads, “The attention of the Central Bank of Nigeria has been drawn to some fake and unauthorized messages quoting the CBN as having authorized the Deposit Money Banks to collect the old N500 and N1,000 Banknotes. 

The CBN said: “For the avoidance of doubt, and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023.


Comments

Post a Comment

Type your comments here

Popular posts from this blog

Asiwaju Bola Ahmed Tinubu, Wins Big In Governor Nyesom Wike's Local Government Area

The presidential candidate of the All Progressives Congress (APC) Asiwaju Ahmed Bola Tinubu, has won the Obio-Akpor, the Local Government Area of Governor Nyesom Wike in Rivers State by a landslide. Tinubu polled 80,239 votes to defeat the Candidate of the Labour Party (LP), Peter Obi, who came a distant second with 3,829 and the People’s Democratic Party (PDP), who got 368 votes.
Post a Comment
Read more

Floyd Mayweather In Tears Of Joy, As He Is Inducted Into International Boxing Hall Of Fame

  Floyd Mayweather is now inducted into the Hall of Fame. At the induction ceremony, he expressed his gratitude towards his father for introducing him to boxing. After winning every belt throughout his career, the former boxer made the Hall of Fame along with legends Wladimir Klitschko and Andre Ward. The boxer could not hold back tears of joy. "I said that I wouldn't cry," Mayweather said. "This is unbelievable. This is one of the best days of my life. "I love my dad because without him this wouldn't be possible for me." Accepting the honour, Mayweather said: “I done a lot in my career, but this is by far the best,” crediting his mum, dad and sister for much of his success. “I want to thank the International Boxing Hall of Fame for giving me this. This right here is going to my dad because he deserves it. Bernard Hopkins said it best — `You’ve got to earn it.′ — and my dad earned this ring. “I want to say thank you to everybody for your support. I want...
Post a Comment
Read more

Kaduna-Abuja Train Attack: I Said No To Terrorists Commnader’s Marriage Proposal – Azurfa Lois John

Tukur Mamu, a negotiator of victims held hostage and the Publisher of Desert Herald, had on August 20, 2022 raised an alarm that the terrorists’ commander had fallen in love with the 21-year- Azurfa Lois John, a victim of the train attack.  In an interview with newsmen on Tuesday, Azurfa Lois John, who was among the 23 released Abuja-Kaduna train victims, said the terrorists’ commander proposed to marry her but she rejected the offer. She said, “Yes, it is true that one of the terrorist commanders picked and proposed to marry me but it was just an offer and I rejected it. "I was not the only one the terrorists offered to marry. They would just ask you, I want to marry you, I want to keep you and I want you to change your religion and convert to my religion. So, it is left for you to either agree or reject,” she said. According to her, from the scene of the attack, “I saw that the train just derailed, the terrorists entered the train, they started shooting sporadically and they ask...
1 comment
Read more