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CBN Redesigns 200, 500 & 1000 Naira Notes - Business - Nairaland

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It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 / We Did Not Authorise Commercial Banks To Collect Old ₦500, ₦1000 Notes - CBN / Emefiele: No Papers To Print ₦‎200, ₦‎500, ₦‎1000 New Notes (2) (3) (4)

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CBN Redesigns 200, 500 & 1000 Naira Notes by chisomkachy: 2:36pm On Oct 26, 2022
The Central Bank of Nigeria (CBN) has redesigned some new naira notes.

Godwin Emefiele, CBN governor, said this at a press conference on Wednesday.

Emefiele 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.

https://www.thecable.ng/breakingcbn-redesigns-new-naira-notes/amp

10 Likes 5 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Wapgod(m): 2:37pm On Oct 26, 2022
Is this what Nigeria needs right now?

===UPDATE===
701 likes.
Nawa
First FTC.

788 Likes 52 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Rossonero: 2:39pm On Oct 26, 2022
Are these old notes one of the reasons for the economy's under-performance? I was never taught this back in school.

342 Likes 18 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Mynd44: 2:40pm On Oct 26, 2022
Wapgod:
Is this what Nigeria needs right now?
This is distressing to those who have stashed up large amounts in cash as they will be faced with the trouble of replacing the cash.

CBN and thieves playing chess

388 Likes 22 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by VeryWickedMan: 2:40pm On Oct 26, 2022
Mynd44:

Thisbis distressing to those who have stashed up large amounts in cash as they will be faced with the trouble of replacing the cash.

CBN and thieves playing chess


Anybody wey stash up naira notes suppose wear chain for Yaba left.

513 Likes 29 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Romanoff(f): 2:41pm On Oct 26, 2022
With the inflation and high cost of living, is this what we need now?

Them dey redesign cloth wey done weak?

253 Likes 16 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Fallout: 2:41pm On Oct 26, 2022
Redesign with no value, old ones will be destroyed. What about all the mutilated 100 notes?

21 Likes 2 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Omonda(m): 2:41pm On Oct 26, 2022
Wapgod:
Is this what Nigeria needs right now?

Don't mind that mumu man

55 Likes 2 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Nobody: 2:41pm On Oct 26, 2022
Wapgod:
Is this what Nigeria needs right now?

CBN is not in charge of economic policy.

Monetary policy, yes, but only as a reaction to what Buhari and his finance and planning folk do....and what the oyel price says.

Plus, we don't change our currency that frequently. The last change we had was in 2013, and even then for the N100 note.

23 Likes 5 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by tishbite41(m): 2:41pm On Oct 26, 2022
EFCC, take note

4 Likes 2 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by elimsun(m): 2:41pm On Oct 26, 2022
Misplaced priorities

20 Likes 3 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Nobody: 2:41pm On Oct 26, 2022
angry

Emefiele and his funny policies grin grin

Can we see samples of the new naira notes?

13 Likes 1 Share

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by JohnieWalker12(m): 2:41pm On Oct 26, 2022
What's the essence of the new design when our currency no get value embarassed

41 Likes 4 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by NwaIgboBoy(m): 2:41pm On Oct 26, 2022
And this will even make it lose more value.

8 Likes

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by NaughtyBrainiac: 2:42pm On Oct 26, 2022
Reason for New notes should be stated in this kind of News so that we will know whether to challenge the CBN and its Leadership or not.

I admire Tinubu but I condemn him and his party if they do anything wrong.

I am not like some people that parade a presidential aspirant as Saint, foolishly and preposterously defend his wrong doings, attack anyone that points out the errors their personal Lord and Saviour makes. This is the most infuriating thing about him and his supporters.

You begin to wonder if his supporters have any iota of intelligence.

37 Likes 5 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Wintertime: 2:42pm On Oct 26, 2022
Misplaced priority issue by CBN governor appointed by Buhari,

3 Likes

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Emeskhalifa(m): 2:42pm On Oct 26, 2022
Those wey read Economics, aside the fact that it will give those who starch Naira in their apartments and underground basement, of what economical value is the redesign of Naira

7 Likes 1 Share

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Balistic4: 2:42pm On Oct 26, 2022
With all the issues we have in this country, na redesign of currency that they have rendered useless that they are spending more money to redesign

9 Likes

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by B2B23: 2:42pm On Oct 26, 2022
Una wey dey keep money for piggy abi kolo.

Hear hear

6 Likes 1 Share

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by johnydon22(m): 2:42pm On Oct 26, 2022
Why?

3 Likes

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by MysticM2022: 2:42pm On Oct 26, 2022
Will this increase the worth of the naira
Re: CBN Redesigns 200, 500 & 1000 Naira Notes by christejames(m): 2:42pm On Oct 26, 2022
Is this our problem? undecided

1 Like

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by adolebenito17(m): 2:42pm On Oct 26, 2022
nigeria and there problem.....
Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Nobody: 2:42pm On Oct 26, 2022
Everywhere good

1 Like

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Pharaoh4rin(m): 2:42pm On Oct 26, 2022
Looting reloaded. CBN go soon catch fire and documents will be lost.

1 Like

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Kenmatt(m): 2:42pm On Oct 26, 2022
Emefele why didn't you redesign the one hundred naira note that this administration has failed to print new note ever since her administration.

It seems the claim that it's intentional the PMB has refused to reprint it simply because it doesn't feature Arabic writing.

However, I am not a religious fanatic and I am not an ethnic extremist.

But truth is to be told in most cases.

17 Likes 5 Shares

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by oluwatomiwa(m): 2:42pm On Oct 26, 2022
Wasteful government

5 Likes

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by bayelsaowei(m): 2:42pm On Oct 26, 2022
I am tired of Nigeria, CBN and Emefiele

6 Likes

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by fOFT: 2:42pm On Oct 26, 2022
misplaced priority
Re: CBN Redesigns 200, 500 & 1000 Naira Notes by paulolee(m): 2:42pm On Oct 26, 2022
Make I go dig the old ones wey I bin bury n start to de carry am go banks small small
Re: CBN Redesigns 200, 500 & 1000 Naira Notes by Ballzproblemm: 2:42pm On Oct 26, 2022
undecided what's the point of redesigning when the currency keeps falling

4 Likes

Re: CBN Redesigns 200, 500 & 1000 Naira Notes by gonkin(m): 2:42pm On Oct 26, 2022
How does that help the value of the currency

9 Likes

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