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BREAKING: CBN Extends Deadline for Use of Old Naira Notes

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BREAKING: CBN Extends Deadline for Use of Old Naira Notes

By Alabidun Shuaib AbdulRahman

The Central Bank of Nigeria (CBN) has extended the deadline for the use of old naira notes in Nigeria by 10 days.

The Governor of CBN, Godwin Emefiele, announced the extension on Sunday morning, stating that he had received approval from President Muhammadu Buhari.

The new deadline for using old naira notes is now February 10th, instead of the original deadline of January 31st.

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Emefiele made the disclosure in Daura, Katsina State, after a meeting with the president who is in his home state for official duties.

He instructed that Nigerians, who are yet to change their naira notes from the old to new ones, now have an opportunity to do so.

He said people must utilize the opportunity because the deadline will not be extended again.

 

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