FinanceNews

New Naira Notes For Circulation Before December

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has announced that President, Major General Muhammadu Buhari, will unveil the new naira notes during the weekly Federal Executive Council at the Presidential Villa.

He announced this during a press briefing held after the Monetary Policy Committee meeting in Abuja.

President Buhari said the new notes would go into circulation before the December 15, 2022 date earlier stated by the central bank.Information Guide Nigeria

Meanwhile, the Director of Information Technology at the CBN, Rakiyat Mohammed has revealed that about 36 million Nigerians currently had zero access to financial services.JAMB Result

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This was disclosed on Tuesday during the Zenith Bank Tech Fair which was held in Lagos by the director Rakiyat Mohammed, who spearheaded the development and deployment of the eNaira.JAMB portal

Delivering her presentation at the Fair which is themed ‘Future Forward,’ she said, “Nigeria has the 6th most advanced retail payment system. This was according to a report by ACI. So, if you look at that report, you will see why.

“Remember, when the president launched eNaira, he did say in the next 10 years, we expected eNaira and its associated technologies to increase our GDP by $20bn. We are working on that.”NYSC portal

She further stated that CBN was the first Central Bank in Africa and the second in the world to launch a Central Bank Digital Currency.

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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