The Central Bank of Nigeria, CBN, has extended the deadline of the swap of the old Naira notes to the newly designed ones from January 31st to February, 10th, 2023.

CBN Governor, Godwin Emefiele, has announced the ten (10) days extension which is contained in there twitter, today Sunday January 29th, 2023, after a meeting with President Muhammadu Buhari who gave an approval.

This is to ensure that citizens are unharmed in their businesses and no disruption is caused to the entire supply chain arising from the currency swap.

The extension was made in reaction to reports of long queues of people waiting for hours for their turn to deposit old notes and get new ones, triggering public anger and opposition’s criticism.

Story: Christy Dung