• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, August 4, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Banks Dispense Old Naira Notes As Acceptability Grows

by Bukola Idowu
2 years ago
in Business
Old Naira
Share on WhatsAppShare on FacebookShare on XTelegram

RELATED

Mixed Performance On Equities Expected This Week

Earnings Optimism Triggers N4.32trn Equities Gain In 5 Days

3 hours ago
Cadbury Nigeria Records N55bn Revenue In 2022

Cadbury Nigeria Records N14.54bn Pre-tax Profit In H1

3 hours ago

Following the directive by the Central Bank of Nigeria (CBN) on Monday that the old N500 and N1,000 banknotes remain legal tender and would be in circulation concurrently with the new notes till December 31, 2023, commercial banks have begun dispensing the old notes through their Automated Teller Machines (ATMs).

Advertisement

This is as traders and motorists have also started accepting the old notes. LEADERSHIP findings around banks in Lagos showed that while the long queues at the banking halls still persist, many banks were dispensing the old N500 and N1,000 through their ATMs as well as within the banking halls.

A customer of a Tier 2 bank, who spoke with LEADERSHIP, said she was unable to get cash earlier on Monday but had been able to get some old notes at the ATM on Tuesday.

“I would have not taken it but with what the CBN said yesterday (Monday), I have confidence that I won’t have difficulty spending it. Although some traders were already collecting it before now, I know that transpor


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




SendShareTweetShare
Previous Post

ATMs Dispense Old Naira Notes In Yobe 

Next Post

Young Global Leaders: Peace Hyde, Uche Pedro Shortlisted By WEF 

Bukola Idowu

Bukola Idowu

You May Like

Mixed Performance On Equities Expected This Week
Business

Earnings Optimism Triggers N4.32trn Equities Gain In 5 Days

2025/08/04
Cadbury Nigeria Records N55bn Revenue In 2022
Business

Cadbury Nigeria Records N14.54bn Pre-tax Profit In H1

2025/08/04
MTN Allots Incentive Shares, As Trading Opens With N4bn Loss
Business

MTNN Posts N414.9bn Profit After Tax In H1

2025/08/04
ASSBIFI Link Forex Rise On Unpatriotism Of Nigerians
Business

Despite Optimism, Forex Inflow Declines By 20.9% In July

2025/08/04
JUST-IN: Inflation In Nigeria Rises Further To 21.91%
Business

Easing Inflation, Currency Stability Prompted IMF’s Nigeria Growth Upgrade – Analysts

2025/08/04
Old Naira
Business

Consumers To Access N100m Mortgage Loans In FCMB

2025/08/04
Leadership Conference advertisement

LATEST

Tinubu, Akpabio Preach Peace At Wadada Turbaning In Nasarawa

NGF, UBEC Unite To Tackle Learning Crisis

Graduands Call For Collective Action To Address Out-of-School Crisis

NAFDAC Seizes 16 Containers Of Substandard Drugs, Tomato Paste Worth N20.5bn

Governor AbdulRazaq Immpressed With Work On 49-km Road Project

Nigerian Breweries Hosts Falcons, Restates Commitment To Nigeria’s National Teams

Nigeria Marks Historic Olympic Football, Long Jump Gold Medal Feats At Atlanta ’96

CHAN 2024: Nigeria Launches Quest For Another Continental Title

Lookman Accuses Atalanta Of ‘Broken Promises’

Winners Emerge In 4th Abuja Bikers’ Race

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.