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Will New Currency Save Nigeria's Economy?

The Central Bank of Nigeria has disclosed that the planned introduction of the new currency in 2013 will save the economy and explained that it will have no inflationary effect.

Nigeria: N5,000 Banknote - Mint to Acquire Plant for New Currency

This Day, 11 September 2012

The Managing Director of the Nigerian Security Printing and Minting Plc (NSPM or the Mint), Mr. Emmanuel Ehi Okoyomon, has revealed that the banknote printing machine required to… Read more »

Leadership

Naira

Nigeria: Fed Govt - N5,000 Note Won't Cause Inflation

This Day, 5 September 2012

Notwithstanding the wave of criticisms against the plan by the Central Bank of Nigeria (CBN) to introduce a N5000 banknote, the apex bank Tuesday got a push from the Federal… Read more »
Nigeria: N5,000 Note Will End Use of Dollars By Looters

Leadership, 5 September 2012

The new N5,000 note just approved by President Goodluck Jonathan will end the use of $100 notes now in vogue among looters, industrialist-businessman Atedo Peterside told… Read more »
Nigeria: FG Okays Introduction of 5,000 Naira Note

Vanguard, 4 September 2012

The federal government Tuesday formally endorsed the introduction of the 5,000 naira note introduction despite the criticism that has greeted its introduction. Read more »
Nigeria: CBN Will Reserve N5,000 Notes to Banks, Heavy Cash Users, Says National Planning Minister

Vanguard, 5 September 2012

THE proposed N5000 note will not be for mass circulation, National Planning Minister Shamsudeen Usman said, yesterday. He said the N5,000 note would be reserved for banks and heavy… Read more »
Nigeria: N5,000 Note - Sanusi Plotting Jonathan's Fall in Next Election - Enang

Vanguard, 5 September 2012

As the controversy over the planned introduction of N5000 note deepens, a Peoples Democratic Party, PDP, lawmaker, Senator Ita Enang, has accused the Central Bank of Nigeria… Read more »
Nigeria: N5,000 Note - Executive, NASS Heading for Showdown

Leadership, 5 September 2012

The presidency may be heading for another showdown with the legislature over the approval granted to the CBN to go ahead with the introduction of N5000 notes even after the… Read more »

InFocus

Nigeria: New Currency Suggestion Met With Criticism

The plan by the national bank to introduce 5,000 naira note into circulation by first quarter of 2013 and to convert some naira notes into coins has sparked controversy in the ... Read more »
- Nigeria: The N5,000 Note and Its Implications
- Nigeria: N5000 Note - CBN Urged to Sensitise People
Nigeria to Redesign Currency

As part of a comprehensive currency restructuring exercise, The Central Bank of Nigeria plans to introduce a 5,000 naira note and coin lower naira denominations. Read more »
- Nigeria: N5000 Note Coming Next Year - - CBN - N20, N10, N5 to Be Coined
- Nigeria: CBN to Introduce N5,000 Note

InFocus

Will New Currency Save Nigeria's Economy?

InFocus

Nigeria: New Currency Suggestion Met With Criticism

Nigeria to Redesign Currency

InFocus

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