Buhari unveils redesigned naira notes Wednesday

President Muhammadu Buhari will on Wednesday (tomorrow) unveil the newly designed naira notes in Abuja.

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, made this known in Abuja on Tuesday.

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

The naira notes to be redesigned by the apex bank include N200, N500, and N1000.

However, Emefiele stated that the CBN won’t shift its deadline for all old notes to be returned to commercial banks in exchange for the newly designed naira notes.

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“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,” the CBN Governor said.

The Star