The Central Bank of Nigeria has described as fake a supposed press statement from the apex bank saying it is now accepting old N1000 and N500 notes which appeared on the Instagram page of the wife of the President, Aisha Buhari.
An alleged CBN statement has appeared on Aisha Buhari’s Instagram page which read in part; ““After having a closed meeting with him on the 20th of February, 2023, Central Bank Of Nigeria (CBN) has been directed to ONLY reissue and recirculate the old N200, N500 and N1000 banknotes and this is expected to circulate as legal tender for 70 days up to May 1, 2023. Members of the public should therefore continue to spend the old notes.”
However, the CBN issued a quick rejoinder declaring that such h statement never emnated from it and the public should discountenance it.
The CBN said in a statement that, “The attention of the Central Bank of Nigeria has been drawn to some fake and unauthorized messages quoting the CBN as having authorized the Deposit Money Banks to collect the old N500 and N1,000 Banknotes. 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.”
PLEASE BE WARY OF FAKE NEWS! pic.twitter.com/EZc6ygua3u
— Central Bank of Nigeria (@cenbank) February 21, 2023
