CBN tells Nigerians what to do as new notes scarcity bites harder

The News Agency of Nigeria (NAN) reports that CBN distributed POS to 30,000 super-agents, with a cash sum of N500,000 each, to ease Naira cash swap on Jan. 25.

Mangunu said that in the last one week, there had been progress in the money swap due to their enlightenment talks and accredited POS agents.

She added that the extension of deadline for spending the old Naira notes had given people more opportunity to exchange their notes and deposit old notes in their accounts.