Commercial banks in major cities in Nigeria have started dispensing newly redesigned naira notes to over-the-counter customers.
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele had on October 26, 2022, said the apex bank will issue redesigned N200, N500, and N1,000 notes, effective December 15, 2022, while the new and existing currencies will remain legal tender and circulate together until January 31, 2023.
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