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Old bank notes to be phased out within a year
The National Bank of Rwanda (BNR) has announced that several old bank notes will cease to be legal tender within the next 12 months. This follows a presidential order issued on February 27, this year ...
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Why central bank is retiring old bank notes
The National Bank of Rwanda (BNR) has begun withdrawing several older bank note series from circulation following a presidential order issued on February 27. Over the next 12 months, these notes will ...
Nigeria’s currency in circulation, which hit N2.60 trillion in June, might comprised N400 billion new notes and N2.2 trillion old bank notes. Currency in circulation (CIC) is the amount of cash in ...
The Central Bank of Nigeria (CBN) has reiterated that all versions of the naira, including both old and new designs of the N1000, N500, and N200 denominations, as well as the commemorative and ...
ABUJA, Nov 14 (Reuters) - Nigeria's central bank said on Tuesday old bank notes that were due to be removed from circulation next month would now remain legal tender, ending months of uncertainty ...
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