The black sheep usually doesn't follow the crowd because every once in a while, the crowd is literally going the wrong way in mass

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 The black sheep usually doesn't follow the crowd because every once in a while, the crowd is literally going the wrong way in mass   The black sheep usually doesn't follow the crowd because every once in a while, the crowd is literally going the wrong way in mass  It takes a black sheep to stand out and say, 'Hey, I think we're headed off a cliff here!' They may be labeled as outcasts or rebels, but in reality, they're the ones who are brave enough to challenge the status quo and forge their own path. Let's celebrate the black sheep in our lives - the ones who inspire us to think differently, to question the norms, and to embrace our individuality.

CBN to redesign three Naira notes before December


CBN to redesign three Naira notes before December

The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes.

This was revealed by CBN Governor Godwin Emefiele at a special press conference in Abuja.

He clarified that the new layout and problems would take effect on December 15, 2022.

Emefiele stated that the step was done to seize control of the money in circulation while asking Nigerians to exchange their old notes for new ones at their local banks.

He claimed that the majority of the country's currency notes were stored outside of bank vaults because the CBN forbade the scenario from continuing. According to p.m News.

To be more precise, he stated, "As of the end of September 2022, data available at the CBN suggests that N2.7 trillion out of the N3.3 trillion in money in circulation was outside the vault of commercial banks across the country and presumably owned by members of the public."

Evidently, the amount of money in circulation has increased significantly since 2015, going from N1.46 trillion in December of that year to N3.2 trillion as of September 2022. I must add that this is a concerning trend that cannot be let to continue.

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