Nigeria:   FG, National Assembly Poise for War Over N5,000 Note, DANA Air

Vanguard, 7 September 2012

As the controversy over the implementation of the 2012 budget rages between the National Assembly and the Presidency, strong indications emerged yesterday, that the two arms might… Read more »

Nigeria:   Sanusi Lamido Sanusi's Unwanted 5000 Naira Notes

Daily Trust, 1 September 2012

You don't have to be an economist to know that Central Bank of Nigeria governor Sanusi Lamido Sanusi's decision to convert some naira notes into coins and introduce a 5,000 naira… Read more »

Nigeria:   N5,000 Note - Sanusi Should Learn From Us, UK, Saudi Arabia - -Prof Ayagi

Daily Trust, 2 September 2012

Professor Ibrahim Ayagi, an economist and former banker airs his views on plans by the Governor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, to introduce… Read more »

Nigeria:   N5,000 Note - Does SLS Women That Much?

This Day, 1 September 2012

This is the same CBN talking about Cashless economy; which more or less means less cash should be circulating in the economy. And then a N5000 bill is introduced. Read more »

Nigeria:   N5,000 Note and Currency Restructuring At What Cost?

Vanguard, 1 September 2012

When a swarthy man beckons you into a dimly lit alley, you would do well to walk briskly away. But in reality, you might be losing an opportunity to discover a delightful but… Read more »

Nigeria:   Much Ado About N5,000 Note

Vanguard, 1 September 2012

Again, the Central Bank of Nigeria Governor Mallam Sanusi Lamido has come under serious attack following his proposed plans to introduce N5,000 note and coining of lower… Read more »

Nigeria:   Policy Formulators Should Make Our Currency More Valuable - Leo Godman

Vanguard, 1 September 2012

Leo Godman is a financial director and works with an Advertising Agency in Lagos. In this encounter, he talks about the implications of N5,000 note and coining of currencies like… Read more »

Nigeria:   Cyclone of Events

Vanguard, 1 September 2012

It seems there is no let on in the cyclone of events which succeed after one another; now we have a shut out in the Ministry of Power out of the blues, as it were. Read more »

Nigeria:   N5,000 Note - Capp Calls CBN to Order

Vanguard, 1 September 2012

The Community Action for Popular Participation, CAPP has condemned the introduction of N5,000 note. Mrs. Kyuata Giwa Executive Director CAPP in Abuja yesterday, argued that the… Read more »

Nigeria:   N5000 Note - CBN Influenced By Foreign Institutions - Enang

Daily Trust, 31 August 2012

The Senate will stop the Central Bank of Nigeria (CBN) from yielding to the dictate of some foreign institutions regarding the proposed introduction of the N5,000 note, Chairman… Read more »

Nigeria:   N5000 Meant for Traders, Others - CBN

Daily Trust, 31 August 2012

The proposed N5000 note which the Central Bank of Nigeria planned to bring into circulation next year is meant to serve traders and other people who move about with large amount of… Read more »

Nigeria:   Reps to Invite CBN Over N5,000 Note, Cashless Policy

Daily Trust, 31 August 2012

The House of Representatives Committee on Banking and Currency says it will invite the Central Bank of Nigeria (CBN) to ascertain that the apex bank is still pursuing the cashless… Read more »

Nigeria:   N5,000 Note - Reps Summon Sanusi

Vanguard, 30 August 2012

THE House of Representatives Committee on Banking and Currency yesterday summoned the Governor of Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi, to explain how the… Read more »

Nigeria:   Bankers Want CBN to Shelve Introduction of N5000 Notes

Daily Trust, 30 August 2012

The Association of Senior Staff of Banks, Insurance and Financial Institutions has advised the Central Bank of Nigeria to shelve planned redenomination of the nation's currency and… Read more »

Nigeria:   The New N5,000 Note Controversy

Vanguard, 30 August 2012

THE Governor of the Central Bank of Nigeria, Malam Lamido Sanusi, stirred another round of controversies on Thursday, August 23, 2012 when he announced the bank's intention to… Read more »

Nigeria:   CBN Enters Discussion With Senate On Proposed Currency Restructuring

Leadership, 28 August 2012

The Central Bank of Nigeria (CBN) says it is discussing its proposed currency restructuring policy with the Senate. Read more »

Nigeria:   Don Says Introduction of N5000 Notes Negates Cashless Policy

Daily Trust, 29 August 2012

A university lecturer Dr. John Udoidem said yesterday said that the planned introduction of N5000 note by the Central Bank of Nigeria (CBN) would negate the apex bank's cash-less… Read more »

Nigeria:   Nigerian Senate Suspends Introduction of New Denominations

New Times, 29 August 2012

The Nigerian Senate on Monday directed the Central Bank of Nigeria (CBN) to suspend the introduction of 5,000 naira (30 U.S dollars) note until the Senate was properly briefed. Read more »

Nigeria:   Senate Asks CBN to Suspend N5000 Note

Daily Trust, 28 August 2012

The Senate has directed the Central Bank of Nigeria (CBN) to suspend its plan to introduce N5, 000 note, describing it as a policy somersault. Read more »