Buhari orders CBN to make only old N200 note legal tender
President Muhammadu Buhari has ordered the Central Bank of Nigeria and by extension to accept only the old N200 notes as legal tender, ignoring the Supreme Court’s order.
Mr Buhari directed the CBN governor, Godwin Emefiele, to release more of the old N200 banknotes and the new N200 notes to the public.
The old N200 notes will be legal tender for 60 days.
The president made the announcement in a national broadcast on Thursday.
Details later.
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