New Naira Note Official Launch Date Announced

Godwin Emefiele, the head of Nigeria’s central bank, has declared that President Buhari will introduce the new naira notes on November 23, 2022.

The governor made this known in his briefing to the media at the monetary policy communique held on November 22nd, 2022.

Mr. Emefiele reiterated that the decision to ensure that all former currencies lose their legal tender status on January 31st cannot be changed. Additionally, Mr. Emefiele stated that he is relying on their law to advance this program.

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In his words: “We thank Mr. President for the support we have received from him for over 7 and half years. We thank security agencies for working with us for monitoring the flows. We thank the senate who besides the pressure is also given us support We will not shift any deadline.

“It is in tandem with the law. We are no longer waiting till December 15th. By the 23rd of November President will unveil the new naira notes and the FEC chambers by 10 am tomorrow”