Buhari unveils newly re-designed naira notes

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President Muhammadu Buhari has unveiled the newly re-designed Bahrain Abuja.

The President carried the brief ceremony just before the start of the Federal Executive Council (FEC) meeting at the Council Chambers of the Presidential Villa, Abuja on Wednesday.

Buhari presented to the public the new N1000, N500 and N200 notes.

The Central Bank of Nigeria(CBN) Governor Godwin Emefiele said the introduction of new notes was a deliberate step by government to check corruption and counterfeiting of the notes.
However, the naira notes currently in use will remain as legal tenders till 31st January, 2023.

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