By Sumayyah Auwal Ishaq
The Central Bank of Nigeria (CBN) has reiterated that the deadline for exchange of the old Naira notes for new ones remains January 31, 2023.
In its official Facebook handle, on Friday, the apex bank wrote, “A reminder to the general public that the old series of N200, N500 and N1,000 notes cease to be legal tender by January 31, 2023. You are once again advised to return them to your bank before the deadline”.
It may be recalled that last October, CBN announced that the old Naira notes would cease to circulate, and be legal tender from January 31, 2023 after detailing a number of reasons for the action.
The announcement sparked various reactions from the public, which in part, informed the call by the National Assembly for CBN to extend the deadline of January 31, 2023.