The Central Bank of Nigeria (CBN) has explained the decision it came up with in redesigning some Nigeria currency notes and the cash withdrawal limits it recently introduced.
Aisha Ahmad, Deputy Governor, of the financial System Stability Directorate of the apex bank who represented Emefiele the CBN Governor before a House of Representatives committee disclosed that N500 million worth of new currency notes had been ordered from the mint.
She however failed to answer questions on how much was expended to produce the same.
