New naira notes
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has revealed that President Muhammadu Buhari will unveil the redesigned Naira notes tomorrow, Wednesday, November 23, 2022.
Emefiele disclosed this while speaking at the Central Bank’s Monetary Policy Committee monthly meeting in Abuja.
In October, the CBN Governor announced that the apex bank would issue redesigned N200, N500, and N1,000 notes, effective December 15, 2022,
Emefiele, however, on Tuesday noted that the apex bank will no longer wait till December for the unveiling of the new notes.
He noted however, that the deadline for returning the old Naira notes to commercial banks in exchange for newly designed ones would not be shifted.
As part of efforts to ensure Nigerians return the old naira notes, the Central Bank of Nigeria (CBN) directed all commercial banks in the country to work on Saturdays till January 31, 2023.
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