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this year, the N200, N500 and N1,000 Naira notes currently in circulation will become useless as they would be withdrawn and new ones issued to the public by the federal government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

    Tinubu’s tax reform, a vote for the masses

    TOKS OKORIE In view of the wave of apprehension sweeping across Nigeria over the new...

    Disinflation without rate relief tightens monetary conditions

    By Vincent Nwanma Nigeria’s inflation story is finally turning a corner, and many citizens are...

    Budget planning: Tinubu keeps tying his hands

    By Nasir Aminu Financial experts will tell you that if you cannot control your finances,...

    Pension recovery hits N4.04bn – Oloworaran

    The Director General of the Pension Commission (PenCom), Ms. Omolola Oloworaran, has highlighted the...

    More like this

    Tinubu’s tax reform, a vote for the masses

    TOKS OKORIE In view of the wave of apprehension sweeping across Nigeria over the new...

    Disinflation without rate relief tightens monetary conditions

    By Vincent Nwanma Nigeria’s inflation story is finally turning a corner, and many citizens are...

    Budget planning: Tinubu keeps tying his hands

    By Nasir Aminu Financial experts will tell you that if you cannot control your finances,...