Currency Swap Deadline: CBN Seeks Enlightenment For Rural Communities

Currency Swap Deadline: CBN Seeks Enlightenment For Rural Communities News CBN

The apex bank, director, Internal Audit Department, Mrs Lydia I Alfa, while speaking to traders, Monday, on the development, insisted that the value of the new and old N200, N500 and N1000 notes remains the same.

Alfa told the traders to report anyone who fails to collect the old Naira notes, as punitive measures await defaulters, insisting that both the new and old Naira notes remain legal tender for now. ”CBN has issued a dedicated phone number for people to report any rejection of the old notes till February 10.

She lauded President Muhammadu Buhari’s patriotism for extending the date line, which she said Nigeria’s would clap for the new policy at the end.Earlier, Jobdi Bawa, leader of grain sellers at the market, decried increase in charge by Point of Sale agents, especially in the rural areas.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

LeadershipNGA /  🏆 4. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

House Minority Caucus Hails CBN Extension of Deadline for Currency Swap – THISDAYLIVE
Read more »

JUST IN: Emefiele lands in Daura, to meet Buhari over Currency Swap DeadlineNigeria’s Central Bank Governor, Godwin Emefiele is currently in Daura, Katsina state to meet with President Muhammadu Buhari over the currency swap deadline. POLITICS NIGERIA recalls that Emefiele has been in the headlines over his refusal to shift a the January 31st deadline given to Nigerians on the use of Old Naira notes. The Apex …
Read more »

APC Presidential Campaign Applauds Buhari, CBN Over Naira Swap Deadline ExtensionThe Presidential Campaign Council (PCC) of the All Progressives Congress (APC) has commended President Muhammadu Buhari and the Central Bank of Nigeria (CBN)
Read more »

Experts hail CBN naira swap deadline extensionFinancial experts have applauded the decision of the Central Bank of Nigeria to extend the deadline for the swapping of the new naira notes with the old ones in circulation to February 10.
Read more »