Although, there had been new reports that the Central Bank of Nigeria(CBN) is planning on phasing out the new notes, which the apex bank debunked, the report had been debunked with the apex bank confirming that the Nigerian Security Printing and Minting Company (NSPMC) Limited, has been printing the new notes.
A source within the apex bank revealed that the new notes are not being pushed out to prevent Nigerians from hoarding the new notes.
When LEADERSHIP sampled opinions, many said they were keeping the new notes they have ahead of the December 31, 2023 deadline.
