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BREAKING: Buhari To Unveil Redesigned Naira Notes Wednesday

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3 years ago

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November 22, 2022

By

Tega Agbodi

Buhari: IPOB Blowing Up Oil Pipelines, Funded By Foreign Countries

President Muhammadu Buhari will on Wednesday, November 23, 2022 unveil the Naira notes redesigned by the Central Bank of Nigeria (CBN).

TheNewsGuru.com (TNG) reports CBN Governor, Godwin Emefiele made the disclosure at a press briefing on decisions of the Monetary Policy Committee (MPC) on Tuesday.

ALSO READ: Obaseki Receives New Edo Police CP, Dankwara, Urges Collaboration to Improve Security

The redesigned Naira notes to be unveiled by President Buhari are the N1,000, N500 and N200 denominations.

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The CBN had said the redesigned Naira notes would be released by December 15, adding that the existing ones would cease to be regarded as legal tender by January 31, 2023.

The apex bank explained that counterfeiting and hoarding were the real reasons for redesigning and issuing the new naira notes.

Details shortly…

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