Old Naira Notes: New Deadline for Returning old Naira Notes to the Bank in Nigeria 2023

Old Naira Notes Deadline – New Naira Note: See New Date :  As Deadline for the return of old Naira Notes is fast approaching, Nigerians are bothered if the Deadline for old Currency in Nigeria would be postponed, here we will give our viewers updates about New Deadline for old Naira Notes in Nigeria 2023.

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday declared that the January 31, 2023 deadline fixed by the apex bank for the return of old N200, N500 and N1,000 banknotes would not be extended.

Emefiele, rather, urged those who might still be holding on to the old banknotes to turn them in, assuring them they would not be harassed by the anti-graft agencies.

The CBN Governor’s comment came just as the Senate and House of Representatives members urged the banking sector regulator to extend the deadline.

Both the red chamber and the green chamber requested for a six-month extension of the deadline. In addition, the House of Representatives set up an ad hoc committee to meet Managing Directors of banks and subsequently with the CBN over the public outcry on the cash withdrawal limit and scarcity of the redesigned naira. They also called on President Muhammadu Buhari to intervene in the matter.

New date for return old Naira Notes in Nigeria 2023

Emefiele also disclosed that to date, between N1.3 trillion and N1.5 trillion of the old naira notes had so far been returned, adding that the figure was expected to reach about N2 trillion at the end of the week.

Many Nigerians are still in question if the new Naira NOTE deadline would be extended? Many in rural areas are yet to deposit old currency to bank.

No new date for the return of old N200, N500 and N1,000 banknotes as of the date of this publication.

New Date to get New Naira Notes in Nigerian Banks

Currently, the new naira notes (N200, N500 and N1,000 notes) are all available in all Nigerian banks nationwide. Just walk into the bank ans withdraw or visit the nearest ATM around you.