Penultimate Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN).
The redesigned naira was received with mix reactions. Many expressed their disappointment via Twitter, as they did not see the expected major changes in the new outlook, while some said the new naira is more about improving its security and not appearance.
But looking away from the mixed reactions – since the CBN can’t afford to go back to the drawing board due to the criticism – the most important debate now is, how does the new naira affect Nigerians and the economy?
