Latest news on old naira note deadline

2023 - 2 - 17

Post cover — Image courtesy of "Businessday.ng"

Crowd returning old naira notes besiege CBN Lagos, Kaduna (Businessday.ng)

Lagos branch of CBN on Tinubu square Lagos Island, is milling with hundreds of Nigerians looking to deposit their old naira note.

Some of them said they have tried to generate the code but the website is not responding. The Kaduna State governor along with the governors of Kogi and other states had sued the federal government and the CBN over the short deadline given for the naira swap. The crowd of depositors having non of that asked the officials to make the request official, bursting suddenly into protest songs.

Old naira note news: Deposit N500,000 and below for your bank ... (BBC News)

Di Central Bank of Nigeria say bank customers fit deposit dia old N500 and N1000 to dia banks. But di amount dem go fit deposit to di banks no go pass N500 ...

Oda videos show some bank customers dey naked diasef to protest sake of say dem no see moni collect for bank. Dis one make some angry customers attack banks and stage protests for some parts of di kontri. Some banks don shut down to guarantee dia staff safety while some dey close early and also take oda preventive measures against kasala. Di policy cause kata-kata for many parts of di kontri as some banks dey hide di new naira notes and customers no see both new and old naira notes collect for counter and ATMs. Dem say di policy dey affect many Nigerians daily living as dem no fit access di new notes and di old naira notes too no dey available, so feeding and to do normal transactions don become problem for di kontri. Viral fotos and videos for social media show as hundreds of pipo gada for di Central Bank office for different parts of di kontri to deposit dia old naira notes as today - 17 February, 2023 na di deadline CBN bin give.

Central Bank Of Nigeria Makes U-Turn, Asks Commercial Banks To ... (SaharaReporters.com)

Some Nigerians who are still in possession of the old naira notes due to poor circulation of the newly designed currency had taken over the major cities across ...

And I don’t know if the branch where I work will be one of the designated ones because we were told that there would be designated branches to handle it.” “We were told that there would be designated banks that would handle it. However, we were asked to resume work on Friday morning.

Just in: CBN orders banks to collect old N1,000, N500 notes (Nairametrics)

CBN has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect.

The Central Bank of Nigeria (CBN) has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. [an address to Nigerians](https://nairametrics.com/2023/02/16/naira-swap-full-text-of-president-buharis-nationwide-address-to-nigerians-on-naira-scarcity/) announced that old N1000 and N500 notes were no longer legal tender. The reversal of its earlier directive that the old naira notes can only be deposited in CBN offices across the country after the expiration of the

BREAKING: CBN orders banks to collect old N500, N1,000 notes (Daily Post Nigeria)

The Central Bank of Nigeria, CBN, has ordered commercial banks to start collecting the old N500 and N1,000 notes from the public immediately. It stated.

He said: “The Central Bank has directed all Commercial banks to start collecting old N500, and N1000 notes from customers with immediate effect. The Central Bank of Nigeria, CBN, has ordered commercial banks to start collecting the old N500 and N1,000 notes from the public immediately. CBN orders banks to collect old N500, N1,000 notes

UPDATED: We didn't ask banks to accept old N500, N1,000 notes ... (Daily Trust)

The Central Bank of Nigeria (CBN) has asked banks to collect start collecting old N500 and N1,000 notes from customers.

President’s broadcast of February 16, 2023, the CBN has been directed to ONLY reissue and recirculate the old N200 banknotes and this is expected to circulate as legal tender for 60 days up to April 10, 2023. “The attention of the Central Bank of Nigeria has been drawn to some fake and unauthorized messages quoting the CBN as having authorized the Deposit Money Banks to collect the old N500 and N1,000 Banknotes. The Central Bank of Nigeria (CBN) has denied asking banks to start collecting old N500 and N1,000 notes from customers.

How to Save Time Depositing Old Naira Notes at CBN Branches (FIJ NG)

CBN has advised that naira holders create this cash return profile before going to the branch in their city.

Generating this profile on the CBN website is necessary to save time. The Cash Return Portal also has a category to track the deposits made. It was an unusual sight, apparently because of the new naira note rush.