BREAKING: CBN extends deadline for use of old naira notes

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BREAKING: CBN extends deadline for use of old naira notes
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The CBN governor, who spoke to journalists Sunday morning, said he had the approval of President Muhammadu Buhari for the extension.

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

Mr Emefiele said Nigerians, who are yet to change their naira notes from the old to new ones, now have an opportunity to do so.PREMIUM TIMES reported how the CBN last October introduced redesigned 200, 500 and 1000 naira notes and gave a deadline of 31st January for the use of the old notes.Mr Emefiele did not elaborate on what the central bank was doing to resolve the scarcity of the new notes.

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