Nigeria Changes to New N100, N200, N500, N1,000 Currency Notes December
Nigeria Changes to New N100, N200, N500, N1,000 Currency Notes December The Central Bank of Nigeria (CBN) has concluded plan to launched the newly redesigned currency of the country in December. In a press release by the CBN Governor, Godwin Emefiele, he explained the need and necessity for the launching of the newly designed naira notes of the country. Read the full press statement of Godwin Emefiele, CBN Governor: PRESS REMARKS BY GOVERNOR GODWIN EMEFIELE ON ISSUANCE OF NEW NAIRA BANKNOTES Good afternoon Ladies and Gentlemen, and welcome to this special press briefing of the Bank. We have called this gathering to inform relevant stakeholders and the general public of persisting concerns we are facing with the management of our current series of banknotes, and currency in circulation, particularly those outside the banking system in Nigeria. As you all may be aware, currency management is a key function of the Central Bank of Nigeria, as enshrined in Section 2 (b) of the CBN Act 2007....