The Central Bank of Nigeria (CBN) has dismissed a purported press release shared on the Instagram page of the First Lady, Aisha Buhari.
In the release shared on Aisha’s page on Tuesday, it was purported that the old N500 and N1000 naira notes should remain legal tender till May 1, 2023.
However, debunking the news, the CBN shared another press statement, describing the one shared on Aisha’s page as “fake news.”
The statement read in part, “For the avoidance of doubt, and in line with Mr. President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023.
“Members of the public should therefore disregard any message and/or information not formally released by the Central Bank of Nigeria on this subject. Media practitioners are advised to PLEASE verify any information from the correct sources before publication.”
