The Central Bank of Nigeria (CBN) has directed banks to collect the old N500 and N1,000 notes from members of the public.

It, however, pegged the maximum amount the banks can collect at N500,000.

Osita Nwanisobi, director of the apex bank’s corporate communications, confirmed the development to TheCable on Friday, saying “It’s just for amounts N500,000 and below.”

More to follow…
https://www.thecable.ng/breaking-cbn-directs-banks-to-collect-old-n500-n1000-notes/amp

To collect old notes from circulation. Not as legal tender. Good to clarify before some dumb urchins start celebrating.
Buhari keep pressing their necks till 27th plis.

You can't fight the masses is an abomination anywhere in the world.
Respect your people then they will respect you.kudos to the northern Apc Governors they are leaders indeed.

Here we go again.

Within a few days, the CBN has changed its mind more times that I can remember.

Piiggiiddioootts amaka

Piiggiiddioootts in the mud

Buhari wan give second chance to urchins. If they like make them still dey play. This window will lock up next week and if you fail to deposit yours, you are to blame!

Emefiele and Buhari are confused.

The Supreme Court does not need the President to modify the court's injunction.

The new is not yet complete. Is to spend it or to take them to CBN ?

Siwisheswereesh:
Piiggiiddioootts amaka

Piiggiiddioootts in the mud

u go see say las las dem go curse buhari

yes the masses will hurry up,but the druggies will not go for the fear of EFCC and sturborness and they can only save 40000 before election.

The branches have refused to open

Wailers how market, politics na ur mate? Well anything to improve the suffering of Nigeria is a welcome idea

We all know say na wetin CBN no fit finish dem go start....

Ok

ivolt:
Here we go again.

Within a few days, the CBN has changed its mind more times that I can remember.

Not changing any mind,it is plan.

Again the governors and other lootwrs will cry,but this adress the problem masses are facing

How do you think the looters can deposit billions in with just 50,000 per day?

CBN is also monitoring the banks with EFCC,ICPC,POLICE etc

the looters are filtred from the masses,the fight will be theirs very soon

To pay my old note today in Abeokuta was hell. My people brace up for the coming days.

tilode:
The new is not yet complete. Is to spend it or to take them to CBN ?

To save it,never to come back again.

meaning,the policy is going on.

I like this

El rufai 1 - buhari 0

Confusion everywhere.....

tilode:
The new is not yet complete. Is to spend it or to take them to CBN ?

To take them to commercial bank i.e UBA, ZENITH ETC. but not as Legal Tender, that means: you cannot use it to buy