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Reading: CBN to launch N5000 notes
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PHOTOSPEAKS

CBN to launch N5000 notes

Kanyi Okeke
By Kanyi Okeke
Published: August 10, 2012
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CBN to launch N5000 notes 1

Central Bank of Nigeria (CBN) will very likely release into the
market on September 1, 2012, a N5,000 currency, under its on-going
currency and payment reform scheme. The currency, according to a very
reliable and close source in the apex bank, was considered because of
the CBN’s cashless policy, which will be extended to other parts of
Nigeria by next year.source also disclosed that the N5000 currency is like a guarded
secret by the CBN, which it plans to release as a surprise to the
market. The N5,000 single note will be the fifth note to be introduced
into the economy in 13 years.

Late president Yaradua is to be used as the face on the Note.

Source: Sunnewsonline

Read Also:👇🏾

  1. CBN To introduce N5000 note: To use faces of 3 historical women leaders
  2. Former Directer Of Central Bank Shot Dead In Owerri
  3. Nigeria Is World’s Next Major Economic Giant – Obama
  4. CBN Governor Emefiele Finally Admits Obaseki’s Claim That Nigeria Has Been Printing Money

TAGGED:5000naira notecentral bank of nigeriamoneyNewsNigeria
ByKanyi Okeke
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Kanyi is the Founder & Editor-in-Chief of KanyiDaily.com.When she's not serving DAILY delicious scoops on Entertainment and news, you can find her reading a book by the beach.Keep up with Kanyi on Instagram and Twitter or through her email [email protected]
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