Gloria Ogbu

The Central Bank of Nigeria (CBN) has extended the use of old naira notes to February 10, 2023.

The CBN governor, who spoke to journalists on Sunday said he had the approval of President Muhammadu Buhari for the extension.

The new deadline is now 10 February 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.

According to him, 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.