New Naira Notes: Nigerians Show Off Their Own Designs
New Naira Notes: Nigerians Show Off Their Own Designs Against Many Nigerians are disappointed with the newly redesigned naira notes, which they say are a waste of resources According to them, the notes lack creativity and are too simple for the time spent redesigning them Nigerians, however, showed off their designs against the CBN’s. The newly redesigned naira notes have drawn a lot of flacks and derision from Nigerians, who took to social media to express their disappointment and disgust. The Central Bank of Nigeria (CBN) redesigned the N200, N500 and N1000 to control the money in circulation as it said about 80 per cent of the currency is outside the banking system Nigerians criticize the new notes The CBN announced on October 26, 2022, that it was redesigning the naira notes.
