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Why Nigeria s Controversial Naira Redesign Policy Hasn t Met Its Objectives - Carnegie Endowment for International Peace

Why Nigeria s Controversial Naira Redesign Policy Hasn t Met Its Objectives - Carnegie Endowment for International Peace
carnegieendowment.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carnegieendowment.org Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesDumebi oluwoleStig johanssonJohan schmalholzDennis ereziAnthony osae brownFelix onuahAbraham augustineMorgan meakerGeoff iyatseMuhammadu buhariEnock wn bulimeVictor eyeniKunle sanniMaria palazzo

CBN extends old Naira banknotes indefinitely

The Central Bank of Nigeria (CBN) has announced that the old ₦200, ₦500, and ₦1,000 banknotes will continue to be legal tender indefinitely even beyond the initial Sunday,December 31, deadline.

Isa abdul muminCentral bankIsa abdul muminOld naira notes

Old Design Naira Banknotes Remain Legal Tender Indefinitely – CBN

The Central Bank of Nigeria (CBN) on Tuesday announced that the Old Naira Notes will continue to used as Legal Tender indefinitely. The Apex Bank which disclosed this in a statement by the Director of Corporate Communications, Dr Isa AbdulMumin, recalled that it introduced the redesign of N200, N500 and N1,000 denominations in October 2022.

Isa abdulmuminCorporate communicationsApex bankCentral bankOld naira notesLegal tender

The Quest for Financial Supremacy: The US Dollar vs The Chinese Yuan and the Feasibility of Establishing a Global Bank -By Ibrahim Tiamiyu

Financial stability remains a global issue, and It remains to be seen how the ongoing competition for financial supremacy among the world's top countries will unfold.

United statesUnited kingdomIbrahimb tiamiyuInternational economics finance analystGlobal bankGlobal bank centralCentral bankNigerian naira noteNaira noteNew naira notesOld nairaOld naira notesUnited states dollarChinese yuanGlobal economyWorld economy

Bank should stop issuing old notes to customers, says Gov Adeleke

Gov. Ademola Adeleke of Osun, has warned commercial banks in the state to stop issuing old naira notes to customers, if they will not accept it back as deposits.

Nigeria generalOlawale rasheedAdemola adelekeCentral bankMalam olawale rasheedOld naira notes

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