President Muhammadu Buhari on Wednesday has unveiled the re-designed Naira notes.
President Buhari unveiled the redesigned Naira notes at the Federal Executive Council (FEC) meeting.
The newly unveiled Naira notes will replace the old denominations of the N200, N500, and N1,000 banknotes, which the CBN said will cease to be legal tender from January 31st 2023.
It would be recalled that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele had on Tuesday said the president will unveil the newly designed N1,000, N500 and N200 notes.
At a briefing after the ceremony before the Federal executive council meeting, the CBN governor debunked insinuations that the early unveiling of new notes is a means to target any Nigerian.
The unveiling today marks the first time in 19 years, Nigeria will be redesigning its currency notes.
