Senate seeks extension of CBN deadline to phasing out old naira notes to June 31st, 2023 The Senate has urged the Central Bank of Nigeria (CBN) to extend its deadline for the phasing out of the old N1,000, N500 and N200 notes from January 31st to June 31st, 2023. The recommendation follows a motion by the senator representing Borno South, Ali Ndume raising the alarm over the January 31st deadline. According to him, the notice given by the CBN is too short, considering the “few” banks in Borno and Yobe states and...