Buhari Finally Reveals Reasons For Naira Redesign, Promises To Stabilise New Notes Supply Soon
It would be recalled that last November, the Central Bank announced that it would redesign the series of N200, N500, and N1000 notes of the Naira.
It would be recalled that last November, the Central Bank announced that it would redesign the series of N200, N500, and N1000 notes of the Naira.
Even as the deadline has been extended, many Nigerians have been lamenting the hardship as a result of the unavailability of the new notes even when they visit banks to swap the old notes and also Automated Teller Machines to withdraw cash.
Recall that bundles of old naira notes were earlier seen dumped at a refuse site.
The apex bank had in October last year said the old naira notes would seize to be legal tender from January 31.
The Governors have also observed that there are huge challenges that remain problematic for the Nigerian people.
The video of the notes wows Nigerians as the masses are cautioned against the development, especially during the Yuletide commemoration
The current notes as earlier declared would continue to be accepted until the final date issued by the CBN.
“CBN accordingly stated that agents across the 36 States have been enabled for BVN registrations, opening banking accounts/Wallets, eNaira Wallets, as well as Electonic card distribution, …”