President Muhammadu Buhari will unveil the redesigned naira notes today, Wednesday, November 23.
The Governor of Central Bank of Nigeria, Godwin Emefiele said this during the apex bank’s Monetary Policy Committee monthly meeting in Abuja.
The CBN governor said the bank decided not to wait till the initial Thursday, December 15 date of unveiling the redesigned naira notes.
Emefiele explained that the early unveiling will help hasten the phasing out of the existing naira notes.
He said that 100 days is enough for any person from any part of Nigeria to deposit his money in the bank and get his money when the new notes are released
The President has graciously accepted to unveil the new currencies and the new currencies will be unveiled today at the Federal Executive Chamber
According to him, they will not shift its deadline for all old notes to be returned to commercial banks in exchange for newly designed ones.