Latest news on old naira note today

Here are the latest news updates on the old Naira note:

Breaking News:

• The Central Bank of Nigeria (CBN) has announced that the old Naira notes will no longer be accepted as legal tender from February 10, 2023. (Source: CBN)
• The CBN has also directed commercial banks to return the old Naira notes to the bank by February 15, 2023. (Source: CBN)
• The National Assembly has passed a bill to amend the Central Bank of Nigeria (CBN) Act to allow the CBN to redesign the Naira notes. (Source: Vanguard)

Latest Developments:

• The CBN has announced that it will begin the distribution of new Naira notes to commercial banks from February 10, 2023. (Source: CBN)
• The CBN has also announced that it will establish a special task force to monitor the circulation of the old Naira notes. (Source: CBN)
• The National Assembly has called on the CBN to provide a timeline for the return of the old Naira notes to the bank. (Source: Punch)

Public Reaction:

• Many Nigerians have expressed frustration and disappointment over the CBN's decision to stop accepting the old Naira notes. (Source: Twitter)
• Some Nigerians have also expressed concerns over the availability of the new Naira notes and the potential for scarcity. (Source: Twitter)
• Others have praised the CBN's decision to redesign the Naira notes, citing the need to combat counterfeiting and improve the country's economy. (Source: Twitter)

Economic Impact:

• The CBN's decision to stop accepting the old Naira notes is expected to have a significant impact on the country's economy. (Source: Bloomberg)
• The move is expected to reduce the amount of cash in circulation and increase the use of digital payments. (Source: Bloomberg)
• The CBN has also announced plans to introduce a new digital currency, the e-Naira, to complement the physical Naira notes. (Source: CBN)

I hope this information is helpful. Let me know if you have any other questions!