Tag: Naira Notes

CBN vows to tackle buying, selling of Naira notes

by Tolulope Akinruli

January 22, 2025

Dr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has promised to address the commoditisation (buying and selling) of Naira notes, which has become common in the country. ...

Central Bank of Nigeria: Both Old and Redesigned Banknotes Remain Legal Tender

by Harry Choms

November 9, 2023

In a recent announcement, the Central Bank of Nigeria (CBN) has clarified that both the revamped and old banknotes continue to be recognized as legal tender. The CBN, through a ...

What do experts think about the CBN’s plan to issue redesigned naira notes?

by Harry Choms

October 27, 2022

The Central Bank of Nigeria's plan to begin circulating newly redesigned N200, N500, and N1000 notes on December 15, 2022 has elicited mixed reactions. Governor Godwin Emefiele, who announced the ...