The Central Bank of Nigeria has said it will facilitate the introduction of Automated Teller Machines that can dispense coins to encourage the citizens imbibe the culture of spending them. The Head of Shared Services, CBN, Mr. Chidi Umeano, told the News Agency of Nigeria on Monday in Lagos that […]
Tag: Coins
CBN to introduce N5,000 note, reduce N5, N10 and N20 notes to coins
The Central Bank of Nigeria said on Thursday that it would introduce a single N5,000 note and reduce existing N5, N10 and N20 notes to coins by early 2013. CBN Governor, Lamido Sanusi, who made this known at a news conference in Abuja, said the notes and coins were being […]
