Central Bank of Nigeria says it won’t extend the deadline for the return of the old Naira notes.
The CBN gave this warning barely 18 days before the deadline set by the apex bank for the stoppage of the circulation of the old Naira notes.
The apex bank in a Facebook post on its verified page on Friday reminded Nigerians that new notes of N200, N500 and N1000 would cease to be legal tenders by January 31 this year.
Recall that President Muhammadu Buhari had launched the redesigned N200, N500 and N1000 notes on November 23, 2022.
The new Naira notes officially came into circulation in December 15, 2022.
The CBN, therefore, said Nigerians should return the old notes before the deadline.
It wrote, “A reminder to the general public that the old series of N200, N500 and N1000 notes cease to be legal tender by January 31, 2023.
”You are once again advised to return them to your bank before the deadline.”