CBN extends deadline for collection of old naira notes to 10th of February

The Central Bank of Nigeria (CBN) has extended the deadline for the exchange of old naira notes by 10 days.

This was disclosed in a press statement issued today January 29. The CBN governor, Godwin Emefiele, said the new deadline is February 10, 2023.

Nigerians had been complaining about the inability to swap their old notes for the new designs as the January 31 deadline drew nearer.

Emefiele said following the hardship Nigerians have experienced in their attempt to access the newly redesigned notes, President Buhari has given approval for the extension of the deadline.