Track UpNews
23 November 2022
President Muhammadu Buhari will on Wednesday November 23, 2022. unveil the newly designed N1,000, N500 and N200 notes
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele revealed this on Tuesday during the apex bank Monetary Policy Committee monthly meeting in Abuja.
According to him, the CBN won’t shift its deadline for all old notes to be returned to commercial banks in exchange for newly designed ones.
exchange for newly designed ones.
It will be recalled that Emefiele had on October 26, 2022 said the apex bank will issue redesigned N200, N500, and N1,000 notes, effective December 15, 2022, while the new and existing currencies will remain legal tender and circulate together until January 31, 2023.
However, he made a U-turn on Tuesday, saying the CBN won’t wait till December 15 anymore as the President will unveil the new notes on Wednesday
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