Browsing Tag
New Naira notes
4 posts
Old naira notes will continue to be legal tender – Supreme court
Back in October 2022, former CBN Governor Godwin Emefiele announced a redesign and circulation plan for new notes, phasing out the old naira notes.
This is why mobile transfers in Nigeria have been hellish lately
With Nigerians unable to access new notes over the counter, the sudden increase in mobile transfers has put a strain on the technology infrastructure of retail banks.
New Naira notes remain scarce as Nigerian banks commence cash withdrawal limits
With a population of over 200 million people and the resultant long queues in banking halls over the January 31st deadline, Nigerians who are yet to access the new naira notes worry about their fate.
These are the security features on the new Naira notes
The new Naira notes have been unveiled with security features making it counterfeit-proof, it will phase out the old notes by January 31st.