Naira Redesign

January 24, (THEWILL) - The Senate on Tuesday, asked the Central Bank of Nigeria (CBN), to immediately extend the deadline for the withdrawal of old Naira notes from circulation to July 31, 2023. The apex bank, on December 15, commenced...

January 24, (THEWILL) - The Central Bank of Nigeria (CBN) has said it will not extend the January 31st deadline for the implementation of the new naira notes. Governor of the apex bank, Godwin Emefiele, said this on Tuesday, while...

January 21, (THEWILL) - The Central Bank of Nigeria (CBN) has announced the launch of a Cash Swap Programme for rural and underserved areas, which takes effect from Monday, January 23, 2023. The apex bank announced this in a circular issued...

January 19, (THEWILL) - Officials of the Central Bank of Nigeria are visiting commercial banks in Bayelsa State to assess the level of compliance with the CBN’s directive on the issuance of the new Naira notes to customers. While most...

January 17, (THEWILL) - The National Orientation Agency (NOA) has commenced sensitisation of Heads of Federal Establishments in Akwa Ibom, on security features on the redesigned naira notes by the Central Bank of Nigeria (CBN). The CBN on Dec....

January 07, (THEWILL) - The Nigerian Security Printing and Minting (NSPM) Plc, has said best international practices were followed in the production of the redesigned N1000, N500 and N200 new notes, recently unveiled by the Central Bank of Nigeria...

December 22, (THEWILL) – The Central Bank of Nigeria (CBN) has said the redesigned naira notes along with the cash withdrawal limit will help tackle kidnapping, money laundering, fight inflation and reduce the cost of minting new notes as...

December 21, (THEWILL) – The Central Bank of Nigeria (CBN) has announced an adjustment to its policy limiting cash withdrawal by individuals and organisations. The apex bank in a circular to all Deposit Money Banks (DMBS) and Other Financial Institutions...

December 21, (THEWILL) – The Central Bank of Nigeria (CBN) has released security features to help identify fake new Naira notes. The apex bank, in a display, marked out security features and peculiarities that distinctively differentiate the new Naira notes...

December 20, (THEWILL) - The Arewa Youth Assembly (AYA) has thrown its weight behind the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to sustain the new CBN policies, which include redesigning the Naira notes, limiting daily...