CBN briefs Reps on naira redesign, withdrawal limits

The Central Bank of Nigeria (CBN) has explained to the House of Representatives, on why it came up with redesigning of some of Nigeria’s currency notes, and the desirability of the cash withdrawal limits it recently introduced.

The House had three separate occasions shifted the briefing session, with the last update coming from Emefiele on Wednesday that he was attending to his health outside the country, a development that led to the appearance of Ahmad.