Nigeria, Feb. 4 -- The Central Bank of Nigeria (CBN) has said it would not extend the deadline for the use of old naira notes.

The CBN boss made this remark on Friday at a briefing at the office of the apex bank in Lagos State.

Emefiele said the CBN and the concerned stakeholders were already working towards addressing the challenges of new naira notes scarcity in the country.

"I want to say unfortunately again, this time, we will not be looking at extension of deadline because we are the central bank and the deposit money banks are doing everything to address the challenges," he said.

Details shortly..

Published by HT Digital Content Services with permission from The Informant247....