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29.01.2023 Featured BREAKING: CBN Extends Deadline for Old Naira Notes Until February 10

Published 29th Jan, 2023

By Daniel Ojukwu

The Central Bank of Nigeria (CBN) has extended the deadline for the exchange of old N200, N500 and N1,000 notes with the redesigned ones to February 10, 2023.

Godwin Emefiele, CBN Governor, announced the decision in a press statement on Sunday.

Emefiele, while speaking to newsmen in Daura, Katsina State, said Nigerians, who are yet to change their naira notes from the old to new ones, now have an opportunity to do so.

He said people must utilise the opportunity because the deadline will not be extended again.

After February 10, there would be a seven-day grace period expiring on February 17.

This comes after mounting pressure over the former January 31, 2023 deadline.

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Published 29th Jan, 2023

By Daniel Ojukwu

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