CBN: Purported circular to banks to collect old Naira notes false

 The central bank of Nigeria has released a circular this morning debunking the claim that it had permitted the recollection of old ₦500 and ₦1000 by commercial banks in the country. While still retaining her original plan as announced by the President (Muhammadu Buhari), only the old ₦200 note is allowed in circulation till the 10th of April, the old notes of ₦1000 and ₦500 naira respectively seize to be a legal tender and should not be collected by both individuals and banks alike.