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Issuance of New Naira Notes

PRESS REMARKS BY GOVERNOR GODWIN EMEFIELE ON ISSUANCE OF NEW NAIRA BANKNOTES Good afternoon Ladies and Gentlemen, and welcometo this special press briefing of the Bank. We have calledthis gathering to inform relevant stakeholders and thegeneral public of persisting concerns we are facing withthe management of our current series of banknotes, andcurrency in circulation, particularly those outside thebanking system in Nigeria.As you all may be aware, currency management is akey function of the Central Bank of Nigeria, as enshrinedin Section 2 (b) of the CBN Act 2007. Indeed, the integrityof a local legal tender, the efficiency of its supply, as...