# Naira Redesign

2 articles tagged

EFCC Witness Claims Commercial Banks Violated Rules During Naira Redesign at Emefiele's Trial

A witness from the Economic and Financial Crimes Commission testified in the FCT High Court that several commercial banks engaged in illegal activities, including currency hoarding, during the redesign of the naira notes, which significantly impacted Nigerians.

Feb 10, 202610 min read

Politics

Witness Testifies That Buhari Approved Naira Redesign During Emefiele's Tenure

A prosecution witness revealed in court that former President Muhammadu Buhari sanctioned the redesign of the naira under the direction of the ex-Governor of the Central Bank of Nigeria, Godwin Emefiele. This testimony is part of Emefiele's ongoing trial related to alleged misconduct concerning the currency policy.

Feb 4, 20266 min read

Buhari EFCC Emefiele