Kufre George
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele yesterday says President Muhammadu Buhari will unveil newly designed N1,000, N500 and N200 notes today Wednesday, November 23, 2022.
Emefiele made this known during the apex bank’s 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.
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 today, saying the CBN won’t wait till December 15 anymore as the President will unveil the new notes today.
