CBN Makes U-Turn, Denies Directing Banks To Accept Old N500, N1000 Banknotes

Few hours after directing banks to accept the deposit of old N500 and N1000 notes, the Central Bank of Nigeria (CBN) has denied giving the order to deposit money bank.

The CBN spokesperson Osita Nwanisobi had earlier confirmed to THE WHISTLER in a phone conversation on Friday that the CBN had mandated banks to accept deposit of old N500 and N1000.

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