The Central Bank of Nigeria, CBN, has given a fresh update on the deadline to phase out old naira notes. CBN disclosed this on Monday in a bulk message to
The Central Bank of Nigeria, CBN, has given a fresh update on the deadline to phase out old naira notes.Nigeria’s apex bank urged Nigerians not to wait until January 31, 2023, the deadline, before depositing their old naira N200, N500, N1,000 at the bank.
“We, CBN management, have ordered banks to stop putting old notes in their ATMs. They should only put the new notes,” he said. Benjamin Anayo expressed disappointment after an ATM in Wuse Market dispensed old naira notes to him. Another bank customer, Adamu Abdullahi, said when he used the ATM in Utako, it dispensed both new and old Naira notes.
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