No deadline on withdrawal of old Naira notes – CBN

The Central Bank of Nigeria (CBN) said on Thursday it has not fixed any deadline for the withdrawal of the old N200, N500, and N1,000 banknotes from circulation.

The Acting Director, Corporate Communications Department of the CBN, Hakama Sidi-Ali, made the clarification in a statement on Thursday in Abuja.

Sidi-Ali was reacting to reports on social media that the apex bank had fixed December 31 as the deadline for the phase-out of the old notes.