President of Nigeria, General Muhammadu Buhari (retd) on Wednesday unveiled the redesigned N1000, N5000, and N200 naira notes. THIS DAY reports.JAMB Portal
He performed the ceremony immediately before the commencement of the weekly Federal Executive Council (FEC) meeting inside the Council Chamber of the State House, Abuja.
Read Other Top News:
- We’ll Restrict Amount Of Money Individual Can Withdraw From Account – CBN Gov.
- “It’s only color change”: Nigerians react as photos of the new naira notes trends
- New Naira Notes For Circulation Before December
- New Naira notes: If it’s colour, CBN should have just engaged Snapchat – Shehu Sani
Conversing with journalists after the ceremony, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, expressed the determination of the apex bank to make Nigeria a cashless economy.InformationGuideNigeria
According to the president, the amount of money that can be withdrawn across the counter will be drastically restricted, adding that anyone who wants to withdraw substantial cash would be tracked by security agents to determine its use.
He insisted that the January 31, 2023 deadline for the exchange of the old notes will not be extended, noting that there are over one million points in the country where people can deposit the old notes.
Emefiele said the apex bank must now regularly redesign currency after every five to eight years.NYSC Portal
Check JAMB Result
Check and Confirm: How much is Dollar to Naira
![How Much is Dollar to Naira Today Sunday 27/04/2025 [aboki fx rate]](https://infoguidenigeria.com/wp-content/uploads/2019/03/Naira-dollar.jpg "How Much is Dollar to Naira Today Sunday 27/04/2025 [aboki fx rate]")
