The Central Bank of Nigeria has launched a countdown clock on its website for the January 31, 2023 deadline for the N200, N500, and N1,000 notes currently in circulation.
We recall that the apex bank had announced a Naira redesign policy to produce new notes for three of the naira denominations in circulation: N200, N500, and N1,000 notes.
ALSO READ:
- 5 worrisome reasons why the CBN wants to redesign the naira notes
- JUST IN: CBN orders banks to publish names, BVN of forex defaulters
The CBN had set December 15, 2022, as the official start day for the circulation of the new naira notes.
- Advertisement -
However, it said the notes currently in circulation would remain legal tender alongside the new notes from December 15, 2022 to January 31, 2023.