Jumia, a pan-African e-commerce platform, says the old naira notes will no longer be accepted as payment at the point of delivery from January 30.
The e-commerce giant said this in a notice to customers on its website, adding that decision was based on the recent currency redesign policy of the Central Bank of Nigeria (CBN).
The notice comes three days ahead of the January 31 deadline for the validity of the old N200, N500 and N1000 notes in circulation.
In October last year, the CBN announced the naira redesign policy which entails the issuance of new higher denomination naira notes to replace the existing ones.
We’ll No Longer Accept Old Naira Notes From January 30 – Jumia Tells Customers
“Should you wish to pay by cash, our delivery associates will only accept the new series of notes.
Alternatively, you can find details here on how to prepay on Jumia using JumiaPay or call us on 01 888 1106 if there are any further questions.
“We will communicate further in case of any change from the federal government or central bank.”