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December 20, 2022

Economic Implications of the Introduction of the New Naira Notes in Nigeria

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele issued a statement concerning a policy to redesign the naira notes. These redesigned notes were introduced on the 15th of December 2022. He said this policy was a result of the inability of banks to control the circulation of the Naira note. He claimed that this issue portrayed […]