'How Emefiele Jettisoned Naira Design Approved by Buhari, Printed His Own' - Ex-CBN Director

JUST IN ! Buhari Unveils The New Naira Notes (photos)

Breaking News !

The President of the Federal Republic of Nigeria has unveiled the redesigned naira notes to the public.

It was unveiled at the Federal Executive Council meeting presided over by President Muhammadu Buhari a few minutes ago.

JUST IN ! Buhari Unveils The New Naira Notes

The Governor of the Central Bank of Nigeria, Godwin Emefiele warned Nigerians against holding of the old notes, saying there is no going back on the January 31st 2023 deadline to completely render the old notes useless.

The redesigned notes are in denomination of N1000, N500 and N200.

The Central Bank of Nigeria (CBN) is the sole issuer of the legal tender money throughout the Federal Republic of Nigeria

It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency Operations Department of the CBN is in charge of currency management, through the designs, procurement, distribution and supply, processing, reissue and disposal or disintegration of bank notes and coins.

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JUST IN ! ‘Buhari to Unveil New Naira Notes Tomorrow’ – CBN

JUST IN ! Buhari Unveils The New Naira Notes (photos)