CBN Boss Gives Statement On N100 And N200 Notes Usage, Reveals Reasons for Current Scarcity

To read the complete original article, simply tap the “NGBREAKINGNEWS.COM” button at the top of the Phoenix App. Thank you, and God bless you.
According to Daily Post reports, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured Nigerians that the ₦100 and ₦200 notes remain legal tender, despite their apparent scarcity across the country.

Cardoso attributed the reduced circulation of the lower-denomination notes to the increasing adoption of digital payment channels, as well as changes in demand and supply within the financial system. Speaking after the Monetary Policy Committee (MPC) meeting in Abuja on Tuesday, the.proceed more on reading