The Central Bank of Nigeria (CBN) Godwin Emefiele today met with President Muhammadu Buhari at the Presidential Villa Abuja.
It was gathered that this is the third time Emefiele would be meeting privately with Buhari since the cash crunch started in the country.
The CBN Governor, however, did not speak to journalists as he left the Presidential Villa.
CBN had redesigned N200, N500, and N1000 notes which commenced in December 2022.
The old notes were meant to cease as the country’s legal tender but checks show that it’s still being used for transaction across the country.
Recall that the Supreme court ruled last week that the CBN should suspend the February 10 directive it gave for the deadline of the old notes as a legal tender in the country.
Checks by TheNewsGuru (TNG)correspondent in Ogun state show that many banks are under lock and keys citing scarcity of cash as the reason.
Meanwhile, it’s also observed that POS agents across the country are charging exorbitantly and still doing business with the old notes.