BREAKING: Buhari unveils new N200, N500, N1000 notes

By Ishaya Ibrahim 

President Muhammadu Buhari has unveiled the re-designed N200, N500 and N1000 notes at the commencement of the weekly meeting of Federal Executive Council. 

According to a tweet by the president’s assistant on social media, Bashir Ahmad, Buhari unveiled the redesigned N200, N500, N1000 notes today.

Buhari was flanked by cabinet officials, including the CBN Governor, Godwin Emefiele, while unveiling the redesigned  N1,000, N500 and N200.

The new notes

The new Naira notes will become legal tender commencing from  December 15, while the old ones will cease to be legal tender effective February 1, 2023.

This is the first time in 19 years that Nigeria will be redesigning some of her currency notes

Ishaya Ibrahim:
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