Naira Redesign

December 19, (THEWILL) - The Department of State Services (DSS) has said it would not succumb to propaganda, intimidation and desperation of hirelings to undermine the Service. A Coalition of United Political Parties (CUPP) and Coalition Civil Societies...

December 19, (THEWILL) - The Coalition of United Political Parties (CUPP) and Coalition of Civil Societies, have alleged of a secret plot by the Department of State Services (DSS) to arrest the Central Bank Governor, Godwin Emefiele, for a...

December 08, (THEWILL) - As commercial banks get set to receive the newly redesigned naira notes by December 15, cash deposits by customers have hit about N1 trillion, Nigeria’s Central Bank Governor, Godwin Emiefele, disclosed on Thursday. Emefiele made this...

December 06, (THEWILL) - The Central Bank of Nigeria (CBN) has announced a new cash withdrawal limit. The apex bank announced the new regulation in a letter to all Deposit Money Banks (DMBs) and other Financial Institutions, including Payment Service...

There is an indication that the plan by the Central Bank of Nigeria (CBN) to engage Agency Banking Networks in the currency redesign exercise will achieve the two-prong benefit of fast-tracking financial inclusion among the country-side dwellers. Many Nigerians...

November 23, (THEWILL) - President Muhammadu Buhari, on Wednesday, in Abuja, launched the new Naira banknotes, expressing delight that the redesigned currencies are locally produced by the Nigerian Security Printing and Minting (NSPM) PLC. Speaking at the launch of the...

November 23, (THEWILL) - President Muhammadu Buhari has unveiled the redesigned Naira notes by the Central Bank of Nigeria (CBN). The notes which include N200, N500 and N1000, were formally unveiled on Wednesday, at the state House, Abuja, before a meeting...

November 23, (THEWILL) - President Muhammadu Buhari has unveiled the redesigned Naira notes by the Central Bank of Nigeria (CBN). The new notes, which include N200, N500 and N1000, were formally unveiled on Wednesday, at the State House, Abuja, before...

November 17, (THEWILL) - As part of efforts to ensure Nigerians return the old naira notes, the Central Bank of Nigeria (CBN), has directed all commercial banks in the country to work on Saturdays, till January 31, 2023. The apex...

It is no longer news that the Central Bank of Nigeria (CBN) has embarked on the redesigning and re-issuance of the 200, 500 and 1,000 naira notes, a move it announced on October 26, 2022. It is also no longer...