WIRE — The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that lower naira denominations such as N5, N10, N20, N50, and N100 notes are still legal tender in Nigeria. Cardoso disclosed this while answering questions at the briefing following the 306th Monetary Policy Committee, MPC meeting on Tuesday. He explained that the scarcity CBN hasnt said otherwise Cardoso on validity of N50, N100, other lower naira notes
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