The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has said that the apex bank will not extend the January 31, 2023 deadline for the old version of the redesigned higher-denominations of the Naira notes to cease to function as legal tenders.
Tag: Emefiele
DSS Denies Invading CBN, As Emefiele Resumes Duty After Annual Leave
The Department of State Services (DSS) has denied reports that its operatives invaded the headquarters of the Central Bank of Nigeria (CBN) to arrest the governor of the apex bank, Godwin Emefiele, on Monday afternoon.
BREAKING: CBN Slashes Daily Withdrawal Limit To N20,000
Ahead of the release of the newly redesigned Naira notes, the Central Bank of Nigeria (CBN) has made good its warning that it will greatly restrict the use of cash in the Nigerian economy going forward as it placed a N20,000 daily withdrawal limit on individual accounts and N50,000 limit on over the counter third party cheques.