The Central Bank of Nigeria, CBN has appealed to Nigerians to take advantage of the ten days extension for the old two hundred, five and one thousand naira to cease as legal tender and deposit in their Bank accounts old naira notes in their possession before the expiration of the deadline. The Apex Bank made the plea through the Director of Internal Audit of the Bank, Mrs. Alpha Lydia Ifeanyi Chukwu while addressing market men and...

President Muhammadu Buhari has approved a request by the Central Bank of Nigeria (CBN) to extend the deadline for the use of the old N200, N500, and N1000 notes by ten days. Godwin Emefiele, the CBN governor announced the approval in a statement on Sunday after a meeting with the president in his country home in Daura, Katsina State. “Based on the foregoing, we have sought and obtained Mr President’s approval for the following: A...