Pictures Of The Newly Redesigned and Approved Naira Notes

We present to you the Pictures Of The Newly Redesigned and Approved Naira Notes.

President Muhammadu Buhari on Wednesday, November 23, unveiled the new naira notes.

This is coming weeks after the Central Bank of Nigeria said it would be redesigning the N200, N500 and N1000 notes.

Buhari unveiled the new currency notes on Wednesday morning before the federal executive council (FEC) meeting at the state house, Abuja.

Speaking during the last MPC for this year, Emefiele also announced the decision of the committee to raise benchmark interest rate by yet another 100-basis point to 16.5 percent from 15.5% to rein in surging inflation around other parameters.

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The committee voted unanimous to raise the Monetary Policy Rate (MPR). Nine members voted to raise the MPR by 100 basis points and two members voted to raise the MPR by 50 basis points.

Emefiele said MPC took the decision to moderately tighten the rates to ensure the gains of the past tightening are not eroded by a listening or holding of the rates.

See Pictures Of The Newly Redesigned and Approved Naira Notes

Godwin Emefiele, Governor of the Central Bank of Nigeria (BN), was in attendance during the unveiling ceremony.

More Photos Below

See Pictures Of The Newly Redesigned and Approved Naira Notes
See Pictures Of The Newly Redesigned and Approved Naira Notes
See Pictures Of The Newly Redesigned and Approved Naira Notes

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