Cash disappears in banks, ATMs after CBN extends deadline

Cash, including old and new naira notes were unavailable from banks’ Automated Teller Machines (ATMs) and over the counter, on Monday, a day after the Central Bank of Nigeria (CBN) extended the deadline for the phasing out of the old naira bills to February 10, 2023.

The CBN on Sunday extended the deadline by 10 days from January 31, 2023 to February 10, 2023, to allow the collection of the old notes.