CBN Insists No Deadline Extension For Old Naira Notes, Increases Interest Rate To 17.5%

CBN Insists No Deadline Extension For Old Naira Notes, Increases Interest Rate To 17.5% News

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The CBN governor said about N1.5trillion had been recovered from circulation as at last week. He expects that before the January 31 date, up to N2 trillion would have been collected from circulation.ADVERTISEMENT He disclosed this on Tuesday after the meeting of the Monetary Policy Committee of the Central Bank of Nigeria in Abuja.

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