25/11/2022
To ensure the integrity of the local tender,efficiency of its supply and efficacy of monetary policy in deepening the Nigerian government’s drive towards a cashless economy since 80% of currency in circulation is outside the banking system, the Nigeria Naira has been redesigned !
It is believed it may have a direct and positive impact on curbing corruption and cash hoarding whilst strengthening the Naira. In the long run, it is a significant step to economic recovery.