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New Nigerian naira notes a rare sight on first day of circulation

By Reuters
20 December 2022   |   5:05 am
Nigerians lined up on Thursday to withdraw cash on the first day that new 200, 500 and 1,000 naira notes starting circulating, but the notes were a rare sight as most of the money handed out remained in old bills that are being phased out, customers said.

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20 Dec 2022
Nigerians lined up on Thursday to withdraw cash on the first day that new 200, 500 and 1,000 naira notes starting circulating, but the notes were a rare sight as most of the money handed out remained in old bills that are being phased out, customers said.
22 Feb
Data by the Central Bank of Nigeria shows that currency in circulation fell 53.3 per cent to 1.5 trillion naira from October 2022 to January 2023.