Dr Isa Abdulmumin, the CBN’s Acting Director of Corporate Communications, announced this on Tuesday.
He confirmed that commercial banks have begun issuing both old and new notes to their clients.
However, he insisted that the central bank has yet to issue an official statement.
“Banks are paying both old and new notes,” he explained. All of them are legal tender.
“Yes, the CBN has not issued an official statement on the issue. Anyone banks give to you, you can collect. We just want to make life easy for Nigerians.”
Last week, the Supreme Court gave its verdict on Naira redesign, directing the federal government to allow the validity of N200, N500 and N1000 notes till 31 December.
In response to the ruling, DAILY POST gathered on Monday that some banks in Abuja and Lagos have started issuing the old notes to customers.
But, traders, business owners and motorists are not accepting the old notes
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