New Naira Extension:  Kano Closed Shops Reopen

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By; JABIRU A. HASSAN,  Kano

Business activities are now ongoing in the city of Kano without rejection of old notes since the recent extension of deadline announced by the Central Bank of Nigeria (CBN) shortly after the apex bank governor, Godwin Emefiele  visited President Buhari at Daura on Sunday morning.

New Nigerian correspondent in Kano reports that some of the shops earlier closed due to the deadline of January 31 were seen opened while the foodstuff sellers  remained at their stalls busy measuring the commodities to customers who are mostly in the communities.

Furthermore, almost all the banks are working in full capacity as monitored by our correspondent, where some residents said that the extension of the old Naira deposition would enable those at far rural communities to make their deposits.

“We are happy that the apex bank has extended the Naira deposits to  February 10, which would enable the people to swap their old currency for new ones, but we solicit for at least three months to complete the deposits,”  a trader, Auwal Umar said 

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