We are monitoring naira redesign policy – Gbajabiamila

Emefiele also said during his appearance that Nigerians could still swap their old naira notes for the newly redesigned variants. The CBN recently redesigned the N200, N500, and N1, 000 banknotes while setting deadlines for Nigerians possessing the old notes to exchange them for newer, redesigned ones.
But, the policy has seen poor implementation as Nigerians scramble for the newly introduced, but scare banknotes.


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