www.africahousingnews.com
Wednesday, March 22, 2023
HomeEconomyJUST IN: Buhari Unveils Re-designed Naira Notes.

JUST IN: Buhari Unveils Re-designed Naira Notes.

Published on

President Muhammadu Buhari has finally unveiled the newly redesigned notes for the highest naira denominations .

The President performed the brief ceremony just before the start of the Federal Executive Council (FEC) meeting at the Council Chambers of the Presidential Villa, Abuja.

He presented to the public the new N1000, N500 and N200 notes.

Present at the ceremony were Secretary to the Government of the Federation (SGF), Mr Boss Mustapha; Chief of Staff to the President, Professor Ibrahim Gambari; and the Head of the Civil Service of the Federation, Dr Folashade Yemi-Esan.

Others were Ministers and the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele.

The Central Bank of Nigeria(CBN) Governor Godwin Emefiele said the introduction of new notes was a deliberate step by government to check corruption and counterfeiting of the notes.

However, the naira notes currently in use will remain as legal tenders till 31st January, 2023.

Source: thenation

Latest articles

NMRC Triggers Marginal 0.01% Appreciation at NASD Exchange

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a marginal rise of 0.01...

Abbey Mortgage Bank marks 31 years of operations, eyes more innovation

Abbey Mortgage Bank is celebrating 31 years of operating in Nigeria, setting its sights...

30 graduate from Dangote training as company donates borehole to Ogun community

No fewer than 30 youths from communities around Ibese in Ogun State have graduated...

Nigerian-American scholar, Okonjo-Iweala wins award as one of the 100 most powerful women in the world

Nigerian-American scholar of economics and Finance, Dr Ngozi Okonjo-Iweala has been named by Forbes...

More like this

NMRC Triggers Marginal 0.01% Appreciation at NASD Exchange

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a marginal rise of 0.01...

Abbey Mortgage Bank marks 31 years of operations, eyes more innovation

Abbey Mortgage Bank is celebrating 31 years of operating in Nigeria, setting its sights...

Nigerian-American scholar, Okonjo-Iweala wins award as one of the 100 most powerful women in the world

Nigerian-American scholar of economics and Finance, Dr Ngozi Okonjo-Iweala has been named by Forbes...