New naira note deadline
You're referring to the deadline for the old Naira notes to be replaced with the new ones in Nigeria.
As of March 2023, the Central Bank of Nigeria (CBN) has announced that the old N200, N500, and N1,000 notes will no longer be accepted as legal tender after the deadline of February 10, 2023. This means that anyone holding these notes after the deadline will not be able to use them for transactions.
However, the CBN has also announced that there will be a 60-day window for people to deposit their old notes at commercial banks, which will end on April 10, 2023. During this period, people can deposit their old notes at banks and exchange them for new ones.
It's worth noting that the CBN has also set up a special window for people to deposit their old notes at designated centers, known as "Cash Swap Centers," which will be open from February 10 to April 10, 2023. These centers will be located in major cities across the country and will be open from 8am to 8pm daily.
It's important to note that the deadline for the old Naira notes is not a one-time event, but rather a process that will continue over the next few months. The CBN has announced that it will continue to phase out the old notes and replace them with new ones until the end of 2023.
If you have old Naira notes, it's recommended that you deposit them at a bank or a Cash Swap Center as soon as possible to avoid any inconvenience or difficulties in using them for transactions.