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BREAKING: CBN extends extends Old Naira Use deadline till February 10

The Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10.

CBN Governor, Godwin Emefiele, announced the extension in a statement signed on Sunday.

POLITICS NIGERIA recalls that Emefiele has been in the headlines over his refusal to shift a the January 31st deadline given to Nigerians on the use of Old Naira notes. The Apex Bank has directed all banks to stop issuing old notes and only distribute the new naira notes.

However, there have been several agitations for an extension to the deadline from all quarters.

The CBN Governor met with President Buhari in Daura earlier today.

More to come…

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2 Comments

    1. All the ATM machines in Kaduna, there are no new notes. So the CBN Governor should talk to his colleagues in the commercial banks to stop hoarding and distributing the new currency notes to their political friends and the scarcity of new notes will be available in banks.

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