More
    HomeBusinessBREAKING: CBN to issue new N200, N500, N1,000 notes December

    BREAKING: CBN to issue new N200, N500, N1,000 notes December

    Published on

    By Francis Ekeh

    Come December this year, the N200, N500 and N1,000 Naira notes currently in circulation will become useless as they would be withdrawn and new ones issued to the public by the federal government

    This was disclosed on Wednesday by the governor of Central Bank of Nigeria (CBN) Godwin Emefiele who announced the redesign of some new naira notes.

    Speaking at a press conference at the CBN headquarters Abuja, the governor said the new design and issues will be effective from December 2022.

    He advised Nigerians to take old notes to banks for the new notes.

    According to Emefiele, the new notes include N200, N500 and N1000

    Latest articles

    Debt service gulps 72% FG revenue in seven months – Report

      The Federal Government spent nearly three-quarters of its total revenue on debt servicing in...

    Groups assure of Tinubu’s commitment in addressing S/East needs

    A coalition of 199 pro-Igbo progressive groups has assured Igbos that the Bola Tinubu...

    Katsina successfully recovers N10bn worth properties, 38 years after creation

    The Katsina State Government has successfully recovered landed properties valued at over N10 billion,...

    FG moves to revive abandoned government press, end years of waste

      The Federal Government will take decisive steps to halt years of waste and neglect...

    More like this

    Debt service gulps 72% FG revenue in seven months – Report

      The Federal Government spent nearly three-quarters of its total revenue on debt servicing in...

    Groups assure of Tinubu’s commitment in addressing S/East needs

    A coalition of 199 pro-Igbo progressive groups has assured Igbos that the Bola Tinubu...

    Katsina successfully recovers N10bn worth properties, 38 years after creation

    The Katsina State Government has successfully recovered landed properties valued at over N10 billion,...