Anxiety mounts over new naira notes deadline

There is palpable fear and heightened anxiety among Nigerians ahead of the January 31 deadline for the use of old naira notes and the implementation of the new ones, TOPE SUNDAY and Amoo Romoke report.

A visit to some banks in Abuja, Monday, revealed that there was limited supply of the new notes in circulation despite the CBN’s order for the printing of 500 million new naira notes in the first contract, which distribution started on December 15, 2022.