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President Muhammad Buhari Unveils New Naira Notes

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President Muhammad Buhari Unveils New Naira Notes

President Muhammad Buhari Unveils New Naira Notes…..

The newly designed Naira notes, on Wednesday, surfaced online ahead of the unveiling announced by the Governor of Central Bank of Nigeria, Godwin Emefiele.

The unveiling today, marks the first time in 19 years, Nigeria will be redesigning it’s currency notes.

Following the unveiling of the new note which begins circulation today, the CBN governor announced that the CBN is now more determined to make Nigeria a cashless economy, as in other climes.

Recall that charityreporters had yesterday reported that Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele had on Tuesday said the president will unveil the newly designed N1,000, N500 and N200 notes.

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At a briefing after the ceremony before the Federal executive council meeting, the CBN governor debunked insinuations that the early unveiling of new notes is a means to target any Nigerian.

Mr Emefiele appealed to members of the public that there is no need to perpetuate any such information.

He maintained that there will be heavy restriction on the volume of cash that people can withdraw over the counter, as it works with the EFCC to monitor the purpose of any heavy transactions.

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