Editing Nigerian naira (section)

==2022 redesign==
{{See also|2023 Nigerian currency crisis}}
In 2022, the Central Bank of Nigeria (CBN) under President [[Muhammadu Buhari]] led administration expressed the decision to redesign the naira as a statutory responsibility and a way to curb the increased circulation of counterfeit notes in the country.<ref>{{Cite web|last=Okon|first=Desmond|date=2022-10-26|title=CBN Redesigns Naira Notes|url=https://www.thecable.ng/breakingcbn-redesigns-new-naira-notes|access-date=2022-12-01|website=The Cable Nigeria|language=en}}</ref> The CBN Governor, Mr. [[Godwin Emefiele]] expressed that the approval for the redesign was granted by the president of the country in fighting corruption, terrorism, kidnapping and other unlawful practices. He said the higher naira denominations have been the denomination mostly used by the perpetrators of the acts which includes ₦200, ₦500 and ₦1,000 notes.<ref>{{Cite web|date=2022-10-27|title=CBN Plan Naira Redesign|url=https://punchng.com/cbn-plans-naira-redesign-to-counter-counterfeiting-kidnapping/|access-date=2022-12-01|website=Punch.com|language=en}}</ref><ref>{{Cite web|date=2022-10-26|title=CBN to Launch New Naira Notes in December|url=https://www.premiumtimesng.com/business/business-news/561816-cbn-to-launch-new-naira-designs-december-suspends-deposit-charges.html|access-date=2022-12-01|website=Premium Times|language=en}}</ref>
President Muhammadu Buhari officially unveiled the new notes at the state house after 19 years since the naira was redesigned.<ref>{{Cite web|last=Ume-Ezeoke|first=Gloria|date=2022-11-23|title=Buhari Unveils Redesigned Naira Notes|url=https://www.channelstv.com/2022/11/23/buhari-unveils-re-designed-naira-notes/|access-date=2022-12-01|website=channelstv.com|language=en}}</ref>
The newly redesigned naira notes were planned to be printed by The [[Nigerian Security Printing and Minting Company Limited]] which will make the country one out of the four Africa countries who print their currencies locally and not import from foreign countries.<ref>{{Cite web|last=Anichukwueze|first=Donatus|date=2022-11-23|title=Nigeria is One of Four African Countries Printing Currency|url=https://www.channelstv.com/2022/11/23/nigeria-is-one-of-four-african-countries-printing-currencies-buhari/access-date=2022-12-03|language=en}}{{Dead link|date=December 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{Cite web|last=Ailemen|first=Anthony|date=2022-11-23|title=Quick Facts to Know About the New Naira Notes|url=https://businessday.ng/news/article/quick-facts-about-the-news-naira-notes-you-should-know/|access-date=2022-12-03|language=en}}</ref>{{update after|2023|2|17}}<!-- so that was the plan in Nov 2022; did it occur?  Did they print their own?  Did the government print enough?  Did they distribute them well, and efficiently? -->

In November 2022, CBN, Nigeria's central bank, informed the citizens that the new notes will be issued from 15 December 2022 onward, and that old naira notes need to be returned to the banking system before 31 January 2023 when they will cease to be legal tender.<ref>{{Cite web |date=2022-11-23 |title=Buhari unveils redesigned naira notes |url=https://www.thecable.ng/breaking-buhari-unveils-redesigned-naira-notes |access-date=2022-12-20 |website=TheCable |language=en-US}}</ref><ref>{{Cite web |last=Itsibor |first=Mark |date=2022-11-11 |title=Gains Of Redesigning Naira Notes |url=https://leadership.ng/gains-of-redesigning-naira-notes/ |access-date=2022-12-20 |language=en-US}}</ref> The deadline to exchange banknotes was extended{{when|date=February 2023}}<!-- on what date was in extended?  why, or what was the reason given by the government? --> to February 2023.<ref name=":0">{{Cite news |date=2023-02-14 |title=Nigeria's naira shortage: Anger and chaos outside banks |language=en-GB |work=BBC News |url=https://www.bbc.com/news/world-africa-64626127 |access-date=2023-02-14}}</ref>

The redesign is controversial. There have been shortages of the new bank notes at ATMs, necessitating some Nigerians to wait in long lines or sleep on the sidewalk waiting for ATMs to be reloaded.<ref name=":0" />

{|class="wikitable collapsible autocollapse" style="font-size: 90%; width: 100%"
!colspan="10"|Currently circulating banknotes<ref name="cenbank.org"/>
|-
!colspan="10"| 2022 Redesign
|-
!colspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main colour !!colspan="3"| Description !!colspan="2"| Date of
|-
! Obverse !! Reverse !! Obverse !! Reverse !! Watermark !! First printing !! Issue
|-
|align="center" bgcolor="#000000"|<!-- Deleted image removed: [[File:One hundred naira.jpg|106px]]  -->
|align="center"| 
| ₦200
|rowspan="3"| 151 × 78&nbsp;mm
| Pink 
| Sir [[Ahmadu Bello]]
| Pyramid of [[Agriculture in Nigeria|agricultural commodity and livestock farming]]
|rowspan="3"| As portrait(s), "CBN", value
| 2022
| 2022
|-
|align="center" bgcolor="#000000"| 
|align="center"| 
| ₦500
| Green 
| [[Dr. Nnamdi Azikiwe]]
| [[Petroleum in Nigeria|Off-shore oil rig]]
| 2022
| 2022
|-
|align="center" bgcolor="#000000"| [[File:Front view of New 1000 naira note.jpg|frameless|246x246px]]
|align="center"| 
| ₦1000
| Blue 
| Alhaji [[Aliyu Mai-Bornu]], Dr. [[Clement Isong]]
| [[Central Bank of Nigeria|CBN]]'s corporate headquarters in [[Abuja]]
| 2022
| 2022
|-
!colspan="10"| 
|}