Economy

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.

CBN denies planning to redenominate Naira

While the bank may be considering reforms, AbdulMumin said “such are subject to laid down procedures in line with the provisions of the CBN Act, 2007.”

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.

Naira Scarcity: NLC, TUC suspend planned nationwide strike

At the meeting, Emefiele said steps have been taken to alleviate the sufferings of the masses in relation to the the naira crunch in the country.
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