The new deadline –February 10, 2023 — will allow Nigerians to deposit the old currency notes at banks.
Meanwhile, Godwin Emefiele, governor of CBN, says N1.7 trillion worth of naira notes have been returned to banks so far — with N900 billion more to go.The Nigerian Railway Corporation has suspended the Abuja-Kaduna rail services after a trainA train said to be a few minutes from its destination in Abuja derailed last Friday.Advertisement
Also, the CBN launched the Nigerian national domestic card scheme — an initiative to boost the country’s payments landscape. The lower legislative chamber house had set up an ad hoc committee chaired by Alhassan Doguwa, majority leader of the house, to meet managing directors of banks and the CBN over the deadline for the withdrawal of old naira notes from circulation.But the apex bank wrote to the committee requesting a postponement.NMDPRA BLAMES MARKETERS, SMUGGLERS FOR LINGERING PETROL SCARCITY