'President Buhari To Unveil New Naira Notes Tomorrow' – Emefiele
Emefiele has revealed that President Buhari will unveil newly designed N1,000, N500 and N200 notes tomorrow
Godwin Emefiele, the Governor of the Central Bank has confirmed that President Muhammadu Buhari will unveil the designed Naira notes tomorrow Wednesday, November 23, 2022.
Emefiele announced this during the Central Bank’s Monetary Policy Committee monthly meeting in Abuja, on Tuesday, November 21, 2022.
Recall that Emefiele had announced in October that the apex bank would issue redesigned N200, N500, and N1,000 notes, effective December 15, 2022,
However, he has disclosed that CBN won’t wait till December anymore for the unveiling of the new notes.
He said the deadline for returning the old Naira notes to commercial banks in exchange for newly designed ones would not be shifted.
On October 26, Emefiele, announced the plan to redesign the naira to control money supply and aid security agencies in tackling illicit financial flows.