Buhari Unveils Redesigned Naira Notes On Wednesday – No Longer Dec 15

The Central Bank of Nigeria (CBN) has revealed that President Muhammadu Buhari will unveil the newly redesigned naira notes on Wednesday, November 23, 2022.

CBN Governor Godwin Emefiele said this on Tuesday while fielding questions from journalist at the monetary policy committee (MPC) meeting in Abuja.

On October 26, Emefiele, announced the plan to redesign the naira to control money supply and aid security agencies in tackling illicit financial flows.

The governor had said the new notes (N200, N500 and N1000) will be effective from December 15, 2022

However, on Tuesday, Emefiele said the bank will no longer wait till December 15 to “unveil and release” the new note.

He said the unveiling will now be done tomorrow — 23 days earlier than the scheduled date — by the Buhari.

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