Suspended Central Bank of Nigeria (CBN) governor, Godwin Emefiele
The Central Bank of Nigeria has bowed to pressure announcing the extension of the deadline for the exchange of old naira notes by 10 days.
In a press statement issued on Sunday, Godwin Emefiele, the CBN governor, said the new deadline is February 10, 2023.
He also said N1.7 trillion worth of naira notes had been returned to banks so far — with N500 billion more to go.
Those who still have the old notes after February 10 will enjoy a seven-day “grace period” to deposit them directly with the CBN.
After February 17, the old notes will cease to be legal tender, the governor said.
Troops Arrest Suspected Gunrunner, Recover Six Machine Guns in Taraba Operation Troops of the 6…
Chanrai Storms Nigeria’s Gas Market, Unveils High-Capacity CNG, LNG Solutions to Power Energy Shift By…
Argungu Festival 2026 Highlights Peace, Stability, Economic Growth — Tinubu President Bola Ahmed Tinubu has…
US Military Boosts Support for Nigeria’s Fight Against Insurgency With Ammunition, Troop The United States…
Afenifere Calls for Immediate Take-Off of State Police as Terror Threats Rise in Yorubaland The…
CAF Confirms 2027 AFCON Dates, Reveals Host Cities, Stadiums Across East Africa The Confederation of…