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CBN new deadline to swap new Naira notes and wetin e mean

73914004 Godwin Emefiele

Sun, 29 Jan 2023 Source: BBC

Di Central Bank of Nigeria (CBN) don extend di deadline for di swap of old naira notes by 10 days.

For press statement dem issue on Sunday, Godwin Emefiele, di CBN governor, say di new deadline na February 10, 2023.

However, Nigerians go still fit deposit dia old notes directly wit di CBN until February 17, 2023.

Dis dey come afta Nigerians bin don dey complain about dia inability to swap di old notes for di new designs as di former January 31 deadline dey near.

Although banks don dey work all through di weekend to swap di notes, e get widespread complaints about scarcity, as pipo for rural area become di most affected.

Di apex bank bin first tok say e no go extend di deadline.

Emefiele tok on Sunday say as a result of measures dem put in place to ease di scarcity, President Muhammadu Buhari don give approval for dem to extend di deadline.

Source: BBC