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Economy In Nigeria
The apex bank recently extended the deadline for the swap of the newly designed N1,000, N500, and N200 notes from January 31st 2023 to 10th of February following an outcry from Nigerians. The Central Bank of Nigeria, Governor Godwin Emefiele appeared before the House of Representatives committee in Abuja, on the new naira redesign and swap policy on Tuesday, he said banks will still accept the old notes after the deadline. He said subject to Section 20, Subsection 3 of the CBN Act 2007 and even after the old currencies have lost legal tender status, the CBN will continue to accept the old notes. (Photo by Olukayode Jaiyeola/NurPhoto)
Photo Details
| Photo ID | #9524574 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Olukayode Jaiyeola/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Olukayode Jaiyeola/NurPhoto |
Related Keywords
Nigeria
NurPhoto
economy
Central Bank of Nigeria
Governor Godwin Emefiele
N1
000
N500
N200 notes
January 31st 2023
10th of February
House of Representatives committee in Abuja
new naira redesign and swap policy
banks will still accept the old notes deadline
Section 20 Subsection 3 of the CBN Act 2007
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