Sunday, August 30, 2026

Netflix trolls CBN repainting of naira notes

In a tweet on Wednesday, the streaming service took a subtle shot at the CBN in the #NairaRedesignChallenge

• November 24, 2022
Netflix logo redesign

Global streaming platform Netflix has joined a slew of Nigerians in mocking the new naira notes that were released on Wednesday.

In a tweet on Wednesday, the streaming service took a subtle shot at the central bank by participating in the #NairaRedesignChallenge, in which participants post pairs of personal photos – one in its natural colour and the other edited – to show what they claim the CBN had done to the original currencies.

Recall that on Wednesday, before the Federal Executive Council (FEC) meeting at the State House in Abuja, President Muhammadu Buhari introduced the newly redesigned naira notes.

The federal government plans to phase out outdated naira notes with the newly redesigned N200, N500, and N1,000 notes by January 2023.

Mr Buhari said during the launch that the redesign was to curb counterfeiting and hoarding of greater denominations of the country’s currency outside the banking sector.

The new banknotes unveiled have elicited criticisms with Nigerians questioning the essence of the change which they say is more of recolouring than redesigning.

Nigerians had anticipated the revised currencies’ appearance would undergo a substantial transformation. However, the only notable alteration is a slight colour change.

Governor of the Central Bank of Nigeria, Godwin Emefiele, had in October announced a naira redesign policy for 200, 500, and 1,000 naira notes respectively.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Governor of kaduna state Uba Sani

States

Kaduna will be home of sports in Nigeria: Commissioner

The statement disclosed that the stadium will have a 32,000 seating capacity after the reconstruction.

Director General of NILDS, Prof. Abubakar O. Sulaiman

NationWide

State police may be abused by governors, NILDS DG warns

The NILDS boss said that the institute believed that state police was in order.

APC LOGO

Lagos

2027: APC will win all elective positions in Lagos, Eredo chairman says

The chairman said that the party had mapped out strategies to achieve the goal.

Enugu State police

States

Ogun police kill two suspected kidnappers, recover AK-47 rifles

The remains of the killed kidnappers had been deposited at the morgue for autopsy.

No sugar sign

Health

Paediatrician warns parents against excessive sugar consumption in children

Mr Ibrahim advised parents to provide regular meals and encourage children to drink water more.

Scattered ballot papers

NationWide

2027: Lawyers call for stronger action against vote-buying, electoral violence

Ms Asagba urged Nigerians to see their votes as a tool for determining the future of the country.