As Predicted by Emefiele, Currency Redesign Should Be Permitted - Paul Alaja

The Central Bank of Nigeria has reversed the December deadline for the withdrawal of old naira notes from circulation, which means that the old designs of N200, N500, and N1,000 denominations will remain legal tender, alongside the new ones until they gradually fade out of circulation.
According to a statement by the Director of Corporate Communications, Mr. Isa AbdulMumin, the Apex bank said its latest decision is in line with international best practices and to forestall a repeat of earlier experiences.
CBN added it is also working with the relevant authorities to set aside the subsisting court ruling that instituted the December deadline.
#breakingnews #tinubu #bolaahmedtinubu #kashimshettima #abuja #TVCNews #TVC #News #NaijaNews #NaijaGist #Entertainment #NewsUpdate #BreakingNews #NewsInNigeria #TrendingGists #latestnews #todaynews #BreakingNews #TrendingVideo #YouTubeRewind #Trending #Viral #Music #EntertainmentNews #ClimateChange #BusinessNews #SportsNews #AfricaNews #NigerianYouth #NigerianSports #NigeriaEconomy #NigeriaNews

Join this channel to get access to Exclusive Trending News Content:
https://www.youtube.com/channe....l/UCgp4A6I8LCWrhUzn-

Don't forget to subscribe: https://bit.ly/35V0PCJ

Watch more interesting videos: https://bit.ly/3xOHq2f

Follow TVC News On:
Twitter: https://twitter.com/tvcnewsng
Instagram: https://instagram.com/tvcnewsng
Facebook: https://www.facebook.com/tvcnewsng/

Get more news on our website: http://www.tvcnews.tv/

Download the mobile app
Android: https://bit.ly/3wYz33U
iPhone: Go to apple store