According to them, the extension is a good decision because it affords some Nigerians, who are yet to deposit their old naira notes, the opportunity to do so.
The CBN Governor, Mr. Godwin Emefiele, said that the apex bank sought and obtained the approval of President Muhammadu Buhari, to extend the deadline to Feb. 10.
The governor said aside from those holding illicit/stolen funds in their homes for speculative purposes, the aim of the extension was to give Nigerians that have naira legitimately earned and trapped, the opportunity to deposit their legitimately trapped monies at the CBN for exchange.
