Friday, December 9, 2022

Nigeria’s Central Bank Retrieves Over N1 Trillion Following a Redesigning of Naira Notes


INTRO


The Central Bank of Nigeria says it has retrieved more than N1 trillion from circulation since its launch of new naira notes.


The CBN unveiled the newly designed 200, 500 and 1000 Naira notes in a bid to move cash back into the banking system and also reduce inflation rates.


Ajeck Mangut reports from Abuja.


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