https://www.youtube.com/watch?v=9Hcnyrs4shw

The Central Bank of Nigeria (CBN) says its January 31, 2023 deadline for the validity of the old N200, N500 and N1,000 notes remains.

The CBN Governor, Godwin Emefiele announced this after the apex bank’s Monetary Policy Committee (MPC) meeting in Abuja on Tuesday.

The CBN also raised the Monetary Policy Rate (MPR), which measures interest rate, to 17.5 percent.

According to him, kidnapping and ransom-taking have reduced since the three banknotes were redesigned.

He said: "I don't have good news for those who feel we should shift the deadline; my apologies.

“The reason is because 90 days should be enough for those who have the old currency to deposit it in the banks.”

The CBN on October 26, 2022 had announced its plan to redesign the three banknotes. President Muhammadu Buhari subsequently unveiled the redesigned N200, N500 and N1,000 notes on November 23, 2022, while the apex bank fixed January 31 deadline for the validity of the old notes.

There have been concerns from many Nigerians over the slow spread of the three new naira notes as the January 31 2023 deadline approaches but the apex bank has insisted that the date stands.

The CBN also recently directed commercial banks to halt over-the-counter payment of the new notes and load their Automated Teller Machines (ATMs) with the redesigned naira notes to boost circulation.

The apex bank also launched a cash swap programme nationwide to enable those in the unbanked areas to exchange their old notes for new notes before the deadline.

However, the House of Representatives, the Senate and the Nigeria Governors’ Forum have asked the CBN to extend the date to enable more Nigerians get the new notes.

Source- https://www.channelstv.com/2023/01/24/breaking-january-31-deadline-for-old-naira-notes-remains-cbn-insists/

Mynd44 Nlfpmod Lalasticlala

Mr. Bullion Vans right now.

Udoka

You again?!

Terrorist CBN governor

Prepare your mind for a New Nigeria. Peter Obi has come. Nigeria’s turn has come.

From a Twitter president, he was promoted to a Tribal president.

From a Tribal president, they promoted him to a Christian president.

From a Christian president to president of Nigerian youths.

From president of Nigerian youths, he will be promoted to President of Nigeria in 2023. It’s a process and we are happy with his presidential journey so far!

We move!!!!!

Tunubu have more than 10 banks he don save his money back to bank baba know how to play his game let emefike continue the nonsense, rich people don buy the new note from masses that's why u didn't see the money out

StrongAlphMale:
Prepare your mind for a New Nigeria. Peter Obi has come. Nigeria’s turn has come.

From a Twitter president, he was promoted to a Tribal president.

From a Tribal president, they promoted him to a Christian president.

From a Christian president to president of Nigerian youths.

From president of Nigerian youths, he will be promoted to President of Nigeria in 2023. It’s a process and we are happy with his presidential journey so far!

We move!!!!!

president of IPOB

JAMO4REAL1:
president of IPOB

Yes! If as an Edo man supporting PO for a better Nigeria makes one an ipob ESN igbo man etc, then so be it.

We're super proud and excited to be an OSU, Igbo man etc for as long as Nigeria gets better. Nigerians have suffered enough under buhari and Tinubu.

I'll urge you to join us and let's join hands together and vote massively for peter Obi for a better Nigeria.

We know

StrongAlphMale:



Yes! If as an Edo man supporting PO for a better Nigeria makes one an ipob ESN igbo man etc, then so be it.

We're super proud and excited to be an OSU, Igbo man etc for as long as Nigeria gets better. Nigerians have suffered enough under buhari and Tinubu.

I'll urge you to join us and let's join hands together and vote massively for peter Obi for a better Nigeria.

what give you confident that OBI will win, race is between Atiku and Tinubu u know that dnt waste ur time on failure, old men knw how dey play masses no be Nigeria 4get

For this matter na man u be.

JAMO4REAL1:
what give you confident that OBI will win, race is between Atiku and Tinubu u know that dnt waste ur time on failure, old men knw how dey play masses no be Nigeria 4get

Tinubu is out of touch with reality, hence he isn't the race.

Kwankwaso stands a better chance of getting 6% in all regions than Atiku and Tinubu combined together. Whereby giving Obi clear victory ahead

I don't blame you, I blame the weak system...

After then your stockpile of naira currencies will become invalid

Sha finish and get ready for prison cus that's where you're going. banza

They should not shift it