The Central Bank of Nigeria (CBN) says its January 31 deadline for the validity of the old 200, 500 and 1,000 naira notes still stands.
January 24, 2023 3:04 PM
Godwin Emefiele, CBN governor, said this after the bank’s monetary policy committee meeting in Abuja on Tuesday.the naira redesign policy which entails the issuance of new higher denomination naira notes to replace the existing ones. “We called on the deposit money banks to extend their working hours, and to work on weekends,” he said.Emefiele said the CBN had mandated commercial banks to feed the new notes into their automated teller machines for Nigerians to have equal access.
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