CBN spends over N400m in 3dys on SMS to remind Nigerians to deposit old naira notes

The Central Bank of Nigeria (CBN) has decided to reach out to Nigerians via Short Messaging Service reminding them of the deadline date to deposit old naira notes.

The apex bank in the text messages stated that it was serious about the cessation of the circulation of old naira notes on January 31, 2023.

As at Tuesday, 17 January 2023, there were only 14 days left before the December 31, 2023 deadline for Nigerians to return the old naira notes.