Deadline will not Be Extended, CBN Warns Nigerians Holding Old Currency Seriki Adinoyi in Jos For the umpteenth time, the Central Bank of Nigeria (CBN) has reiterated that the January 31 deadline to turn in the old nair
For the umpteenth time, the Central Bank of Nigeria has reiterated that the January 31 deadline to turn in the old naira notes will not be extended.
“The first thing we did was to inform the banks that there will be no charge for bringing the old notes into the bank. As much as you have of the old notes take them to the nearest bank and deposit them so that you can have the new notes. So, this has been the campaign since last year through several support groups, associations, using religious leaders and others.”
Jimoh added that the CBN had to come out to demonstrate to the public that it is fully involved in this process to ensure that every individual is well informed about the new notes and of the need for the old currencies to return to the banks for the new ones to get to the public.
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