Naira Redesign

Senate President, Ahmad Lawan, has bemoaned the poor implementation of the naira redesign which has no doubt brought hardship to millions of Nigerians. Lawan noted that although the policy was laudable its poor implementation had…

Kaduna State Governor, Malam Nasir El-Rufai, on Thursday, said President Muhammadu Buhari has been deceived by the Central Bank of Nigeria led by Godwin Emefiele, over the naira redesign. El-Rufai said in his statewide broadcast late…

Presidential candidate of the African Action Congress (AAC), Omoyele Sowore, on Wednesday has expressed disappointment over the redesign of the naira, adding that the Federal Government should have given the funds for the redesigned…

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…

President Muhammadu Buhari will formally unveil the new naira notes on Wednesday, except the president changes his plan in the coming hours, according to a statement issued by the CBN. The Central Bank of Nigeria had on October 26…

Central Bank of Nigeria (CBN) has launched a countdown clock on its website for the January 31, 2023 deadline for the N200, N500, and N1,000 notes currently in circulation. The apex bank had announced a Naira redesign policy to produce…

Central Bank of Nigeria (CBN) has promised to protect Nigerians in the unbanked, underserved and rural areas as it plans to redesign the naira. This was issued in a statement signed by the CBN’s Director of Corporate Communications,…

Governor Godwin Obaseki of Edo State has faulted the move to redesign the naira, claiming it has no economic basis and purely political plan. He said this while inaugurating the Edo State Peoples Democratic Party (PDP) Women Campaign…