Business Activities  Pick Up With Release Of  Old Naira Notes 



With the old Naira  notes now in circulation  across Kano State  where the residents are now  accepting N500, N1,000 notes as legal tender, while banks and POS operators are dispensing  both the new and old  notes at different centres, business activities have picked up.  

Our correspondent  who monitored  how the business activities  were ongoing in Kano City and environs,  reports that residents  are acceptinv both the old and new  notes, which is boosting wconomic business activities and easing cash scarcity.  

At Sabon Gari Market, Kantin  Kwari,  Singer and Dawanau International Food Market  traders were seen accepting old Naira notes, while filling stations  and supermarkets accepted sane, as well as   transfers in exchange for goods.  

Furthermore,  our correspondent  visited some rural markets where there was full acceptance of  old Naira notes, where it was gathered that there was brisk sales of commodities  like food items, livestock and other  household materials.  

Speaking to New Nigerian, a renowned food vendor at Badume Market,  Hajiya Talatu Musa  said that the recirculation  of old Naira notes  as legal tender has  restored commercial activities in every  sector.


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