Business

The new N100 note Quick Read

In a statement issued on Wednesday by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank said it had received reports that some individuals and businesses were refusing to accept the standard N100 note because they believed it was no longer valid.

The Central Bank of Nigeria (CBN) has clarified that both the standard N100 note and the commemorative N100 note are still legal tender and must be accepted for all transactions across the country.

In a statement issued on Wednesday by the Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank said it had received reports that some individuals and businesses were refusing to accept the standard N100 note because they believed it was no longer valid.

The CBN explained that the commemorative N100 note, which

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