It was announced minutes ago at a meeting of the Federal Executive Committee chaired by President Mohammed Buhari.
Warning Nigerians not to keep old banknotes, Central Bank of Nigeria Governor Godwin Emefiele said there will be no return to the January 31, 2023 deadline to render old banknotes completely unusable.
The redesigned banknotes come in N1000, N500 and N200 denominations.
