Abuja, Feb. 2023 – Godwin Emefiele, the Governor of the Central Bank of Bank (CBN), on Tuesday said there was no need to shift the Feb.10 deadline on the circulation of old naira notes.
He said this in Abuja while discussing the monetary and currency redesign policy with diplomats.
Emefiele said shifting the February 10 deadline was needless.
He said the situation was substantially calming down since the commencement of over-the-counter payments to complement ATM disbursements and the use of super-agents.
“There is, therefore, no need to consider any shift from the deadline of February 10.”
The apex bank boss also said that Point-of-Sale agents, who charged above N200 for cash swaps, would be arrested and jailed.(GBN)
