Archives Tag: Naira Redesign
Old N200 Note Remains Legal until April 10, 2023
April 19, 2022
On Thursday morning, Nigeria’s President, Muhammadu Buhari, revealed in a national broadcast that: “I have given approval to the CBN that the old ₦200 bank notes be released back into circulation and that it should also be allowed to circulate as legal tender with the new N200, ₦500, and ₦1000 banknotes for 60 days … Continue reading Old N200 Note Remains Legal until April 10, 2023
4 Reasons Why CBN Redesigned the Naira Notes
April 19, 2022
Following the launch of the newly redesigned Naira notes (1000, 500, and 200), many Nigerians have expressed scepticism about such a move, questioning the logic and wisdom behind such an ambiguous project. However, several monetary and security experts have pointed out the merits behind the government’s move. Read more about Finance To Curb Inflation … Continue reading 4 Reasons Why CBN Redesigned the Naira Notes
Nigerians React to Naira Redesign
April 19, 2022
Following the release of newly redesigned 200 Naira, 500 Naira and 1,000 Naira notes by President Muhammadu Buhari and the governor of Central Bank of Nigeria, Godwin Emefiele, thousands of netizens have reacted. Read more about finance The much-touted naira redesign has sparked controversies among thousands of social media users on Twitter NG and … Continue reading Nigerians React to Naira Redesign