Nigeria currency: CBN redesigns N200, N500, N1000 notes


The Central Bank of Nigeria (CBN) says it will start circulating newly redesigned N200, N500, and N1000 naira notes from December 15, 2022.

Governor Godwin Emefiele disclosed this on Wednesday during a special briefing.

He said the naira notes were redesigned following approval by the Federal Government.

Emefiele also explained that in line with the transition from old notes to new ones, bank charges for cash deposits have been suspended with immediate effect.

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