Nigerian President Approves Old N200 Note as Legal Tender till April 10

Feb 17, 2023 · 51s
Nigerian President Approves Old N200 Note as Legal Tender till April 10
Description

The President, Muhammadu Buhari has approved the continued use of the old N200 as legal tender till April 10. He also apologized to Nigerians for the difficulties experienced in accessing...

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The President, Muhammadu Buhari has approved the continued use of the old N200 as legal tender till April 10.
He also apologized to Nigerians for the difficulties experienced in accessing the scarce new naira notes.
He says to further ease the supply pressures on the citizens, the old N200 bank notes be released back into circulation and that it should also be allowed to circulate as legal tender with the new N200, N500, and N1000 banknotes for 60 days.
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Author Africa Business Radio
Organization Africa Business Radio
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