New Money: FG unveils redesigned naira notes


President Muhammadu Buhari on Wednesday unveiled the redesigned naira notes of N200, N500 and N1,000 at the council chamber of the Presidential Villa, Abuja.

The unveiling preceded the virtual meeting of the federal executive council (FEC) with a number of cabinet members in attendance.

The unveiling of the new redesigned notes hitherto slated for December 15 was brought forward to Wednesday by the Central Bank of Nigeria (CBN).

Governor of the CBN Godwin Emefiele, who announced the shifting of the date on Tuesday at a media briefing to mark the end of the 288th monetary policy committee meeting and the last in 2022, urged those in possession of the old notes to hurriedly deposit them at the nearest bank branch.

This, he said, would enable them to beat the January 31, 2023 deadline to dispose of the old notes.


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