Banks Push Old N1000 & N500 Notes Back To Circulation - Paul Ukpabio's Blog

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Monday, 6 March 2023

Banks Push Old N1000 & N500 Notes Back To Circulation

Confusion has been the state of the use of Nigerian currencies as Nigerian banks pushed out supposed old N1000 & N500 notes to the public today.

While some commercial banks like Guarantee Trust Bank dispensed same over the counter to their customers, others said no cash!

Meanwhile in many markets and parks visited today, there were still aparthy towards the collection and use of the supposed old notes as legal tender.

Though many people feel that since the banks are now pushing the money out, use and acceptance of it is now just a matter of time!

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