Pay new Naira notes over the counter, CBN orders banks
The apex bank on Wednesday also said it would, in conjunction with the Nigerian Police and other agencies, prosecute sellers and abusers of naira.
Emefiele: Old Naira notes redeemable only at CBN after February 10
Also, the CBN governor assured Nigerians that nobody would lose their legitimately earned money due to the naira redesign project, saying the exercise was in the overall interest of Nigerians and the economy.
Emefiele: Banks will continue to accept old Naira notes after deadline
He said the CBN will also accept the old naira from banks after the February 10 deadline.
Banks complicit as SSS arrests currency traders selling new naira notes
It did not, however, say if those ‘intercepted’ and their bank collaborators would be prosecuted.
CBN extends deadline for use of old naira notes
The new deadline is now 10 February instead of the former 31 January deadline, he said.
Naira Redesign: Speaker threatens to issue arrest warrant on CBN governor
Mr Doguwa informed the House that the CBN and Mr Emefiele did not honour the invitation to appear before the committee on Wednesday.
Extend deadline for the exchange of old naira notes till July 31, Senate urges...
The apex bank had in October last year said the old naira notes would seize to be legal tender from January 31, a stance that was reiterated by its governor, Godwin Emefiele, at a meeting in Abuja on Tuesday, January 24.
No going back on January 31 deadline for old naira notes, Emefiele insists
Last November, weeks after the apex bank announced its plan to redesign the three banknotes, President Muhammadu Buhari unveiled the redesigned N200, N500 and N1,000 notes as the apex bank fixed the January 31 deadline for the validity of the old notes.
CBN increases weekly cash withdrawal limit
The apex bank said it made the decision based on feedback received from stakeholders.