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Nigeria: N5000 Note Officially Suspended

Following an outcry from Nigerians,President Goodluck Jonathan has ordered the Central Bank of Nigeria to stop further action on the proposed currency restructuring exercise, including the introduction of the N5,000 banknote.

Nigeria: Jonathan Halts Currency Restructuring, Issuance of N5,000 Note

This Day, 21 September 2012

Obviously bowing to pressure from the public and particularly the National Assembly, whose leadership met with him of Tuesday on the issue, President Goodluck Jonathan Thursday in… Read more »

Vanguard

Naira

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

Vanguard, 20 September 2012

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… Read more »
Nigeria: N5,000 Note - Jonathan, Maku Not On Same Page - Reps

Leadership, 21 September 2012

The House of Representatives yesterday lambasted Nigeria's Information Minister, Labaran Maku, for a statements credited to him that the federal government was not bound by the… Read more »
Nigeria: I Ordered Suspension of N5,000 Implementation - Jonathan

Leadership, 21 September 2012

President Goodluck Jonathan yesterday confirmed reports in the media that the federal government has resolved to step down the introduction of the N5,000 note by the Central Bank… Read more »
Nigeria: N5,000 Note - Senate Hits Back At Maku

This Day, 21 September 2012

President of the Senate, Senator David Mark, Thursday dismissed as inconsequential the statement credited to the Minister of Information, Mr. Labaran Maku, that the National… Read more »
Nigeria: Why FG's Suspending Introduction of N5,000 Note, By Abati

This Day, 20 September 2012

The suspension of the introduction of the N5,000 by the federal government has now been confirmed. Read more »
Nigeria: PHCCIMA Commends NASS for Rejecting the N5,000 Note Proposal

Leadership, 20 September 2012

The Port Harcourt Chamber of Commerce, Industries, Mines and Agriculture (PHCCIMA) on Thursday said it supported the position of the National Assembly on the proposed currency… Read more »

InFocus

Will Nigeria's New Note See the Light of Day?

Confusion reigns in the new N5000 debate since President Goodluck Jonathan's pledge to stop its implementation and the federal government claiming that the roll-out of the new note ... Read more »
- Nigeria: Jonathan Stops N5000 Note - CBN - We Are Not Aware
- Nigeria: No Going Back On Bakassi, N5000 Note - FG

InFocus

Nigeria: N5000 Note Officially Suspended

InFocus

Will Nigeria's New Note See the Light of Day?

InFocus

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