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Central Bank Warns Against Rejection Of N100 Notes, Vows Sanctions Against Defaulters
The Central Bank of Nigeria (CBN) has clarified that both the standard N100 banknote and the commemorative N100 banknote remain legal tender across the country, warning that individuals and businesses rejecting the standard note are violating the law. The clarification was contained in a press statement issued on Wednesday by the Acting Director of Corporate Communications, Hakama Sidi Ali, following reports that some members of the public, businesses and other stakeholders had begun rejecting the standard N100 banknote over doubts about its validity.
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saharareporters.com
Central Bank Warns Against Rejection Of N100 Notes, Vows Sanctions Against Defaulters
The Central Bank of Nigeria (CBN) has clarified that both the standard N100 banknote and the commemorative N100 banknote remain legal tender across the country, warning that…
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vanguardngr.com
CBN: Standard N100 note remains legal tender
The Bank, in a statement by its Ag. Director, Corporate Communications, Mrs. Hakama Sidi-Ali, yesterday, said the clarification became necessary following reports that some…
