Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag President Buhari approved Nigeria’s 2022 naira redesign, but prosecutors allege it violated CBN Act.

flag A prosecution witness in former CBN Governor Godwin Emefiele’s trial testified that President Muhammadu Buhari approved the 2022 naira redesign in a memo, directing local production. flag The Nigerian Security Printing and Minting Company produced the new notes domestically, though the design was created by UK-based De La Rue, which was paid in pounds. flag Emefiele’s defense cited the presidential approval to argue the move was lawful, while the prosecution alleges violations of the CBN Act. flag The judge ordered the EFCC’s investigation report to be released, adjourning the case to February 10, 2026.

4 Articles