• About
  • Advertise
  • Contact
Thursday, October 23, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Economy

I Gave CBN Approval To Redesign N200, N500,N1,000 Notes – President Buhari

Vital News by Vital News
October 31, 2022
in Economy
0
Share on FacebookShare on Twitter

 

President Muhammadu Buhari on Sunday said that he gave approval to the Central Bank of Nigeria (CBN) to redesign, produce and distribute N200, N500 and N1,000 bank notes.

Garba Shehu, Senior Special Assistant to the President on Media and Publicity confirmed this in a statement in Abuja.

Sheu quoted President Buhari as saying that he is “convinced is convinced that the nation will gain a lot by doing so.”

Buhari made the confirmation while speaking in a Hausa radio interview with the famous journalist Halilu Ahmed Getso, and Kamaluddeen Sani Shawai to be aired Wednesday Morning on Tambari TV on Nilesat.

RelatedStories

Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

FAAC Shares N2.103 trillion September 2025 Revenue Among FG, States, LGs

Dangote Seeks Urgent Legal Backing For “Nigeria First” Policy To Drive Growth In Manufacturing Sector

President Buhari said reasons given to him by the CBN convinced him that the economy stood to benefit from reduction in inflation, currency counterfeiting and the excess cash in circulation.

“He said he did not consider the period of three months for the change to the new notes as being short.

”People with illicit money buried under the soil will have a challenge with this but workers, businesses with legitimate incomes will face no difficulties at all,” he said.

In the interview, the President also addressed issues of food security and national security, among others.(vitalnewsngr.com)

Tags: approvalCBNnotesredesign
Previous Post

Cleric Charges Politicians To Strive For Better Nigeria

Next Post

Buhari, North Proved To Me Nigeria Can Survive Its Unity, Tinubu To Afenifere Leaders

Vital News

Vital News

RelatedStories

Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme
Economy

Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme

October 23, 2025
‎IMPI Welcomes First Interest Rate Cut In Five Years, Says CBN Decision Aligns With Its Projection
Economy

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

October 22, 2025
FAAC Shares N2.22 trillion August 2025 Revenue Among Federal, States, Local Governments
Economy

FAAC Shares N2.103 trillion September 2025 Revenue Among FG, States, LGs

October 17, 2025
Dangote Seeks Urgent Legal Backing For “Nigeria First” Policy To Drive Growth In Manufacturing Sector
Economy

Dangote Seeks Urgent Legal Backing For “Nigeria First” Policy To Drive Growth In Manufacturing Sector

October 16, 2025
Capital Inflows Into Nigeria Up By 67.12% In Q1 2025
Economy

Nigeria’s Inflation Drops To 18.02pct

October 15, 2025
Next Post

Buhari, North Proved To Me Nigeria Can Survive Its Unity, Tinubu To Afenifere Leaders

Dangote Sugar Declares N36.27bln Profit In 9 Months

"The Incorruptible Judge’' Author, Prof. David Olagoke Dies At 88

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

FG Appoints Eight Deputy Corps Marshalls For FRSC

FRSC Confirms 6 Dead, 5 Injured In Kogi Multiple Road Accident

6 months ago
In Nigeria, Lassa Fever kills 118 Persons In Three Months

In Nigeria, Lassa Fever kills 118 Persons In Three Months

7 months ago
FG Commends Abiodun, Says Agro Cargo Airport Will Boost Ogun, Nigeria’s Economy

FG Commends Abiodun, Says Agro Cargo Airport Will Boost Ogun, Nigeria’s Economy

2 years ago
Tinubu Approves N12bln To Clear Backlog Of Super Eagles Allowances, Coaches Salaries

Tinubu Approves N12bln To Clear Backlog Of Super Eagles Allowances, Coaches Salaries

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

Trailer Crushes Female University Lecturer To Death In Lokoja

Governor Adeleke Appoints Davido Chairman Of Osun State Sports Trust Fund

FG Warns Buyers To Stay Off ARCEDEM, Radio Nigeria Land, Four Other Landed Property In Oyo

‎IMPI Revises Inflation Rate Projection To 14% From 17% For December

Trending

Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme
Economy

Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme

by Vital News
October 23, 2025
0

The Olubadan of Ibadanland, Oba Rashidi Adewolu Ladoja has set up a committee to revamp moribund industries...

Your Exit Will Not In Anyway Affects Fortune Of PDP – Makinde To Atiku

Oyo Dares FG Over Lands, Says ARCEDEM, Radio Nigeria, NTA, NIHORT Lands Acquired In Public Interest

October 23, 2025
Professor Amupitan Resumes Office As New INEC Chairman

Professor Amupitan Resumes Office As New INEC Chairman

October 23, 2025
Dangote Denies Ownership Of Truck Involved In Enugu Accident

Dangote Group Denies Ownership Of Truck In Akungba-Akoko Accident

October 23, 2025
Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

Former Minister, Tanimu Turaki, Emerges Northern PDP Consensus Candidate As National Chairman

October 23, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Olubadan Set Up Committee To Revamp Moribund Industries, Revamp Abandoned Ibadan Urban Renewal Programme October 23, 2025
  • Oyo Dares FG Over Lands, Says ARCEDEM, Radio Nigeria, NTA, NIHORT Lands Acquired In Public Interest October 23, 2025
  • Professor Amupitan Resumes Office As New INEC Chairman October 23, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In