The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele said President Muhammadu Buhari has announced his latest directive on the new Naira policy on Thursday.
The directives were followed immediately after meeting with the leadership of about 15 commercial banks.
The CBN Governor stated this when he visited the presidential villa hours after the nationally televised broadcast where he announced that only the old N200 note will remain a legal tender until April 10, 2023.
He said the meeting with the bank executives earlier on Thursday was to ensure an ample supply of the old N200 notes to alleviate the sufferings of Nigerians.