Naira notes redesign seen spurring electronic transactions

The redesign of the naira notes by the Central Bank of Nigeria (CBN) may lead to a sharp increase in the use of electronic banking channels for financial transactions, analysts say. Last week, the CBN said it would redesign, produce, and circulate new series of banknotes at N100, N200, N500, and N1, 000 levels. Damilola […]read more Naira notes redesign seen spurring electronic transactions