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MONEY EXCHANGE: Additional Information For Those Who Have Not Had A Chance To Know The Information Made By The CBN

MONEY EXCHANGE: Additional Information For Those Who Have Not Had A Chance To Know The Information Made By The CBN

The new 200, 500 and 1,000 naira currency will be used on Thursday, December 15, 2022, God willing.

From this day the new money and the old ones will all work as Legal Tender, that is real real money.

But from January 31 of the next year, 2023, the 200, 500 and 1,000 seniors will officially stop working.

 

The meaning is if you go and take the money on the 31st of January to the bank, they will accept it on the last day, the next day, February 1st (Month Two) of 2023, if you go with the bank money, they will not accept it.
And don’t accept the old money at your shop or outside your business from February 1, because even if you go to the bank, they won’t accept it.

To make it easier for yourself in your business, stop accepting old money from the 25th or 27th of January only.

Whoever will give you one of the new ones, because they are there at that time, they are here and they are going around with the old ones.

Don’t go and collect money with the intention of taking it to the bank. If there is a reason that prevents you from reaching it, even after January 31st, if you go to them with the money on February 1st, they won’t even listen to you.

Even the POS owners should be careful, be careful in accepting money now and when it is close to 31 January, because “Fake Notes” can enter people, if you are not used to dealing with money, you will never be able to recognize it. they are not, then you go to the bank and see that they are allocating them to you, saying that they are not money.

It’s just a paper or a plain sheet decorated with paint as if it were real money, while you were given money to send to someone through Account, Transfer, and you’re welcome to lose.

  1. May God protect and protect us, but the truth is that we should pay close attention to money in these few months that are left.

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