Breaking By Demola Ojo All existing old N1000 and N500 notes remain redeemable at the CBN and designated points, he said. Nigeria President Muhammadu Buhari has directed the Central Bank of Nigeria to allow the old 200 Naira notes remain legal tender until April 10, 2023, in order to improve naira circulation in the country and ease pains experienced by Nigerians due to a currency redesign policy. In the Thursday morning address, he expressed his sympathy with citizens over difficulties caused by the implementation of new monetary policies. To give succour to the citizenry he said, “I have given approval to the CBN that the old N200 bank notes be released back into circulation and that it should also be allowed to circulate as legal tender with the new N200, N500, and N1000 banknotes for 60 days from February 10, 2023 to April 10 2023 when the old N200 notes ceases to be legal tender. “In line with Section 20(3) of the CBN Act 2007, all existing old N1000 and N500 notes remain red...