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BREAKING: Buhari To Unveil Naira Notes Wednesday - Politics - Nairaland

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BREAKING: Buhari To Unveil Naira Notes Wednesday by Malcolmxprince: 11:28pm On Nov 22, 2022
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Tuesday said President Muhammadu Buhari will unveil newly designed N1,000, N500 and N200 notes on 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.

The CBN MPC also hiked monetary policy to 16.5% from 15.5% while all other parameters remained unchanged.

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.

The bank chief said,

https://www.premiumnews.com.ng/2022/11/breaking-buhari-to-unveil-naira-notes.html
Re: BREAKING: Buhari To Unveil Naira Notes Wednesday by yyba: 12:45am On Nov 23, 2022
TINUBU picture should be replace with the man on #500 notes or CBN should not introduce #500 again
Re: BREAKING: Buhari To Unveil Naira Notes Wednesday by yerokunphilips: 1:05am On Nov 23, 2022
Malcolmxprince:
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Tuesday said President Muhammadu Buhari will unveil newly designed N1,000, N500 and N200 notes on 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.

The CBN MPC also hiked monetary policy to 16.5% from 15.5% while all other parameters remained unchanged.

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.

The bank chief said,

https://www.premiumnews.com.ng/2022/11/breaking-buhari-to-unveil-naira-notes.html

(1) (Reply)

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