On Sunday 29th January 2023, the CBN extends deadline for old naira notes swaps with new date as deadline as announced by the CBN Governor. The Central Bank of Nigeria recently redesigned some of its naira notes. The naira notes redesigned were the higher denominations. The CBN initially gave 31st January 2023 as the deadline for the old naira notes swaps. The new naira notes have been heavily criticised with many people saying the duration given by the CBN is not enough for the old notes to phase out.
