Tag: Insurance and Other Financial Institutions

Senate directs CBN to suspend introduction of N5000 note

The Senate Committee on Banking, Insurance and other Financial Institutions on Monday directed the Central Bank of Nigeria (CBN) to suspend the introduction of  N5,000 note until the Senate was properly briefed.  The Chairman of the Committee, Sen. Bassey Otu  (PDP- Cross River) issued the directive while speaking to newsmen in Abuja.  Otu noted […]