LCCI Statement on CBN Policy on Naira Notes
The Central Bank of Nigeria (CBN) has announced plans to redesign, produce and circulate new local legal tender. The Naira has not been redesigned in the last 20 years. CBN sought and obtained the approval of President Muhammadu Buhari to redesign, produce, and circulate new series of N100, N200, N500, and N1,000 banknotes. This is…