The Central Bank of Nigeria (CBN) has said there is no further plan to extend the February 10 deadline for the swap of old Naira notes with new ones.
Speaking during a briefing on Friday at the apex bank’s office in Lagos, CBN Governor Godwin Emefiele, said the CBN, as well as deposit money banks (DMBs) are working to address the current challenges with the circulation of the new notes.
“I want to say unfortunately again, this time, we will not be looking at extension of deadline because we are the central bank and the deposit money banks are doing everything to address the challenges,” he said.
Emefiele made similar remarks before the deadline was extended from January 31 to February 10.