Vanguard (Lagos)

Nigeria: FG Backs Down On Introduction of N5,000 Notes

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Naira

Following the outcry from Nigerians over the planned introduction of the N5,000 notes, the federal government has confirmed it is stepping down the introduction of the note by the Central Bank of Nigeria.

Presidential spokesman, Dr Reuben Abati who confirmed this in Abuja said the move is to allow more enlightenment by the central bank of Nigeria.

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