The Central Bank of Nigeria has begun distribution of its new redesigned banknotes to commercial banks on Wednesday. Banks may issue them to clients before the official 15 December release date.

Godwin Emefiele, Governor of the Central Bank of Nigeria, has declared that the 31 January 2023 date to end the redemption of older notes is “sacrosanct”, and that the limits to cash withdrawals may be reviewed.

Source: nationaldailyng

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