CBN reaffirms validity of old, new banknotes amidst reports of cash shortage

The Central Bank of Nigeria (CBN) has directed its branches across the country to continue issuing old and new banknotes to deposit money banks.

The CBN gave the directive in a statement signed by its Director of Corporate Communications, Isa AbdulMumin, and posted on its verified X platform, formerly Twitter, on Wednesday.

The apex bank was reacting to reports of cash shortages in major cities across the country.

RipplesNigeria : Read More