Naira Swap: Emefiele Insists On February 10 As Deadline

The Governor Of Central Bank of Nigeria, Mr Godwin Emefiele has reaffirmed it stand that he will not extend the deadline for swapping old naira notes with the newly redesigned ones.

Godwin Emiefele made this known at a media briefing at the CBN office in Lagos.

He said the CBN and other stakeholders are already looking to address areas where there are pressures.

Emefiele also said that the apex bank acknowledged the pains Nigerians are facing in accessing the new naira notes.

According to him, the apex bank will extend cash swaps to microfinance banks and engage 30,000 super agents in the hinterlands as part of new measures to accelerate the circulation of new naira notes.

He stated that the CBN is discussing with banks to make alternative Channels easily accessible.