Business
Just in: CBN redesigns Naira notes
The Central Bank of Nigeria (CBN) said it will start circulating the newly redesigned N200, N500, and N1000 naira notes starting December 2022.
Governor Godwin Emefiele who disclosed this on Wednesday afternoon during a special briefing, said the naira notes were redesigned following a request from the Federal Government.
He warned that the old notes would cease to be legal tender by January 31, 2023, and directed commercial banks to stop charging interests on cash deposits with immediate effect.
More details soon…
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