Disbursement of New Naira Note

Banks in major cities in Nigeria have started dispensing new naira notes to over-the-counter customers. Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), had on October 26, 2022 said the apex bank will issue redesigned N200, N500, and N1,000 notes, effective December 15, 2022, while the new and existing currencies will remain legal tender and […]

Deposit Money Banks are set to start disbursing the newly redesigned naira notes to their customers via over-the-counter payments today, Thursday, December 15, 2022 The Governor, Central Bank of Nigeria, Godwin Emefiele, had in October announced that apex bank would release re-designed naira notes by December 15, 2022. He also disclosed that the old notes would cease[…]