BusinessNewsNigeriaBuhari Unveils New Naira Notes As CBN Plans to Reduce Volume of N500, N1000 in Circulation
By Ezinwanne Onwuka (Senior Reporter)November 24, 2022
President Muhammadu Buhari on Wednesday launched the redesigned 200-, 500- and 1,000-naira notes at the Council Chambers of the State House shortly before the commencement of the Federal Executive Council (FEC) meeting. This is coming a few weeks after the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, disclosed plans, backed by the President, to redesign the currency notes. In his speech, President Buhari said the redesigning of the naira notes would not only...