How CBN is distributing new naira notes as December 15 deadline nears

  • The Central Bank of Nigeria has said that it has begun the distribution of new naira notes to banks in the country
  • CBN governor, Godwin Emefiele said there are about 1.4 million super agents across Nigeria where Nigerians can access the new notes
  • Emefiele said that although the bank may adjust the new cash withdrawal limits, it would not abandon the policy

The Central Bank of Nigeria (CBN) has commenced the distribution of the newly redesigned naira notes ahead of December 15, 2022, for issuance to bank customers across the country.

The CBN governor, Godwin Emefiele stated this on Thursday, December 8, 2022, when he visited President Muhammadu Buhari in Daura, Katsina State.