The Nigerian House of Representatives has called on the Central Bank of Nigeria (CBN) to expedite the circulation of newly printed N200, N500, and N1,000 banknotes, while initiating a phased withdrawal of the older currency from circulation.
The Central Bank of Nigeria (CBN) has removed the deadline for legal tender status of old N200, N500, and N1000 notes from the initial December 31, 2023, to forever.
