- The Central Bank of Nigeria has rolled out some conditions for its cash swap programme
- The bank said money agents or PoS operators in Lagos and Abuja are excluded from participating in the programme
- Also, the CBN named five banks in Nigeria to participate in the scheme
The Central Bank of Nigeria (CBN) has named about five money deposit banks to participate in its cash swap initiative.
The development comes as the deadline for the expiration of old N200, N500 and N1,000 notes as legal tender approaches.