Gradual phasing out of old naira notes continues – CBN

The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira notes while issuing new currencies. This announcement was made by the acting governor of the apex bank, Folashodun Shonubi, during the Monetary Policy Committee meeting held at the CBN headquarters in Abuja on Tuesday. In