HomeBusinessCBN reveals the truth about old N100 notes, sends message to Nigerians

CBN reveals the truth about old N100 notes, sends message to Nigerians

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The Central Bank of Nigeria (CBN) has reassured Nigerians of the validity of all ₦100 banknotesThe development comes as false claims of expired notes led to transaction disruptions and began circulating on social mediaThe apex bank urged Nigerians to rely on official CBN communications for currency information

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.

The Central Bank of Nigeria (CBN) has reassured Nigerians that all versions of the ₦100 banknote remain legal tender, urging businesses, transport operators, traders, and members of the public to stop rejecting the currency over false claims that some editions have expired.

The clarification follows growing reports that certain merchants and individuals have refused to accept older ₦100 notes, creating confusion and unnecessary disruptions in cash transactions across parts of the country.

CBN cautions Nigerians against rejecting N100 notesCBN reaffirms the validity of N100 notes, warns Nigerians. Credit: ppart/Contributor
Source: Getty Images

According to the apex

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