JUST IN: 500m new naira notes have been ordered, CBN deputy governor tells reps | TheCable

Aishah Ahmad, deputy governor, financial systems stability, Central Bank of Nigeria (CBN), says 500 million new naira notes have been ordered and would be printed soon. Ahmad spoke on Thursday

Samuel AkpanAishah Ahmad, deputy governor, financial systems stability, Central Bank of Nigeria , says 500 million new naira notes have been ordered and would be printed soon.

Ahmad spoke on Thursday while being grilled by members of the house of representatives during the plenary session on Thursday.of N1000, N500 and N200 denominations. Since it went into circulation on December 15, there have been complaints of insufficient quantities available at deposit money banks.The lawmakers are also expected to grill Ahmad, who is representing Godwin Emefiele, CBN governor, on the new cash withdrawal policy of the apex bank.

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