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Saturday, August 25, 2012

cbn

CBN To Introduce 5000 Naira Notes

  lamido-sanusi
The Central Bank on Thursday announced its intention to implement its naira structure review which would see the N5000 naira note as the nation’s highest denomination. Other changes stated in the review will see the the N5, N10 and N20 notes converted to coins. CBN Governor, Mallam Lamido Sanusi, made the announcement while briefing journalists in Abuja, said that the bank would, early next year, introduce the N5,000 note. He also stated that three women who contributed to the country’s independence, Mrs. Margaret Ekpo, Mrs. Funmilayo Ransome-Kuti and Hajiya Gambo Sawaba would adorn the note. He also said that the picture of the National Assembly complex would be on the note.

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