Feb-3-2023
Gambia – New family of banknotes is in the works.
The Central Bank of The Gambia has reached in August 2022 an agreement with De La Rue for the printing...
Africa
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Jan-29-2023
Nigeria – Central Bank extends redemption of withdrawn banknotes.
The Central Bank of Nigeria has announced today 29 January 2023 that the redemption of older banknotes, subject to limits...
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Jan-26-2023
Somalia – New banknotes in mid-2024.
Ali Yasin Wardhere, Deputy Governor of the Central Bank of Somalia, told Xinhua in a recent interview that there are...
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Jan-22-2023
Nigeria – Central Bank authorizes (very) limited cash exchange in rural areas.
With only 8 working days left before they become worthless the Central Bank of Nigeria has authorized the direct exchange...
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Jan-21-2023
Sierra Leone – Old currency still being used.
Old pre-redenomination banknotes are still prevalent in the market. They were originally to be demonetized by end-September 2022. The date...
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Jan-17-2023
Somalia – Central Bank plans to issue a new banknote.
Bloomberg reports that the Central Bank of Somalia plans to issue in 2024 redesigned banknotes of 1,000 shillin (SOS1,000.2). Presently...
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Jan-10-2023
Nigeria – Bank cash withdrawals limited to NGN20,000 per week for individuals.
As of yesterday the Central Bank of Nigeria has limited cash withdrawals from bank accounts by individuals to NGN20,000 (=...
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Jan-5-2023
Somalia – Central Bank calls for printing of new banknotes.
Yesterday, 4 January 2023, in a meeting in Mogadishu chaired by Prime Minister Hamza Abdi Barr the Central Bank of...
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Jan-4-2023
Nigeria – Senate urges Central Bank to extend old banknotes withdrawal.
The Nigerian Senate has urged the Central Bank to extend the withdrawal period of previous banknotes of 200; 500 and...