By Progress Godfrey, Abuja
The Central Bank of Nigeria (CBN) has extended the use of old Naira notes by 10 days across Nigeria.
The CBN governor, Godwin Emefiele made the announcement as he spoke to journalists on Sunday morning, saying that he had the approval of President Muhammadu Buhari for the extension.
By this announcement, Nigerians now have until 10 to use the old notes, instead of the former 31 January deadline, he said.
Mr Emefiele spoke in Daura, Katsina State, after a meeting with the president who is in his home state for official duties.
Mr Emefiele said Nigerians, who are yet to change their naira notes from the old to new ones, now have an opportunity to do so.
He said people must utilize the opportunity because the deadline will not be extended again.
Recall that the CBN last October introduced redesigned 200, 500 and 1000 naira notes and gave a deadline of 31st January for the use of the old notes.