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JUST IN: Buhari To Unveil Redesigned Naira Notes On Wednesday – Emefiele

The newly designed naira notes will be unveiled by President Major General Muhammadu Buhari (ret.) on Wednesday, according to Central Bank of Nigeria Governor Godwin Emefiele.
During the Monetary Policy Committee’s monthly meeting on Tuesday in Abuja, Emefiele revealed this.

The newly designed N1,000, N500, and N200 notes will be introduced.

The governor stated that the apex bank would not extend the January 31, 2023 deadline for the deposit of all old notes in commercial banks.

Why CBN Should Retain Arabic Inscription On Naira – Arewa Youths, Adeyanju to CBN

On October 26, 2022 Emefiele announced that the CBN would issue the redesigned N200, N500, and N1,000 notes, effective December 15, 2022. However he has said the CBN will not wait till December 15 but will unveil on Wednesday, November 23, 2022 (tomorrow).

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He said, “100 days is enough for any person from any part of Nigeria to deposit his money in the bank and get his money when the new notes are released.

“For information, indeed, we are no longer waiting till December 15th to unveil and begin to release the new notes.

“By the special grace of God, tomorrow, which is the 23rd of November 2022, the President has graciously accepted to unveil the new currencies and the new currencies will be unveiled tomorrow at the Federal Executive Chamber by 10am.”

 

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