Buhari to Unveil New Naira Notes on Wednesday – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has announced that President Muhammadu Buhari will unveil the new re-designed Naira notes tomorrow November 23, 2022.

Emefiele announced this at the press briefing following the Monetary Policy Committee (MPC) meeting in Abuja.

In a bid to curb the rise in currency circulation outside bank vaults, the CBN with approval from President Buhari has announced a redesign of the N200, N500, N1000 currency.

He also said that existing Naira notes would cease to be regarded as legal tender by January 31, 2023.