Skip to main content

BREAKING: Central Bank Of Nigeria Redesigns N200, N500, N1000 Naira Notes.

The Central Bank of Nigeria Governor, Godwin Emefiele has said the apex bank will redesign three naira notes, the notes are N200, N500, N1000 notes respectively.

The new notes will take effect by December 15, 2022.

Emefiele, said an approval has been received by the bank from President Mohammadu Buhari to redesign the notes.

He said the decision would impact the value of the naira positively.

"Therefore, bank charges for cash deposit are hereby suspended with immediate effect.”

He further disclosed that over 80 per cent of the total cash in circulation was outside the banking system.

“N2.73 trillion out of N3.23 trn exists outside the commercial bank,” he added.



Comments

  1. This is our least problem in this country!! Redesigning low currency 😂😂😂

    ReplyDelete
  2. I hope they make it equal to dollar 😂

    ReplyDelete
  3. Next now is to announce all old currency back to cbn...making the poor masses to suffer!!

    ReplyDelete
  4. This is the height of senselessness. I feel very sorry for this Buhari led government

    ReplyDelete

Post a Comment

Type your comments here

Popular posts from this blog

Nadia Mohammed-First Somali-American Elected Mayor

Two months after making history as America's first Somali-American elected mayor by voters, 27-year-old Nadia Mohamed is sworn in as mayor. Nadia Mohammed  She was sworn in at the city council of St. Louis Park in the US state of Minnesota. Ms Mohamed secured 58% of the vote to win last November's mayoral poll. Nadia Mohammed is the youngest and the first Muslim and black elected mayor in the city, whose family moved to Minnesota from Kenya's Kakuma refugee camp when she was 10, after fleeing war in Somalia. Her family migrated to Kenya after the civil war in Somalia, and she lived in the Kakuma refugee camp until she was about 10. "Well, my identity is one part of my story, right? I am proud of everything that I am, but I don't want that to be the only story. I don't want that to [be] where people stop their conversation," Ms Mohamed told Minneapolis-based KARE TV station after her election. She has listed public safety and affordable housing as some of t...

Lady Offers To Donate Her kidney To Sonia Ekweremadu

  Responding to the daughter of Senator Ike Ekweremadu, Sonia Ekweremadu's passionate appeal for a kidney donor. A 24-year-old lady, Annastasia Michael, has written an open letter to  Sonia via Facebook, offering to donate one of her kidneys to save her life. Annastasia wrote; "Kidney donation To Sonia Ekweremadu. "I (Annastasia Michael Olamma) want to donate one of my kidney to Sonia Ekweremadu to save her life. I have made up my mind to do this to prove women can help women. If any of her relatives mum, dad, and siblings, cannot give out their kidneys to save their Bloodline, Then i will donate my own to save Sonia and I demand nothing in return. I pray it matches with her own. I am 24 years old ,I don’t take alcohol, and I believe my kidney is very healthy to donate. I have sent message to her email @helpsonialive@gmail.com and anticipate for her reply. May God heal you  🙏 😢 #womensupportingwomen #helpsonialive #sonialivematters. This is coming after the 25-year-old ...

Philip Shaibu Pleads For Forgiveness - Forgive, Says The Deputy Governor of Edo State, To His Governor

Thursday in Benin City, Deputy Governor of Edo State, Philip Shaibu appealed to Governor Obaseki to forgive and forget their differences.        Governor Godwin Obaseki and His Deputy Philip Shaibu  An embattled  Shaibu, begged his principal, Governor Godwin Obakeki, for forgiveness over their political differences. While addressing journalists he said: "I use this medium to appeal to Mr Governor, if there is anything that I don’t know that I have done, please forgive me so that we can develop our state together,” he said. "We have just one year to go. We have been the envy of the entire country. So Mr Governor, if there is anything you feel that I have done, please I am sorry. I need us to work together to finish well and strong.” On whether he had resumed at his new office, the Deputy Governor replied; “We have resumed but there is still a lot of work to be done there. “There is no problem about it. The governor has asked us to go there. Like I have alway...