The Central Bank of Nigeria will take delivery of new naira notes before the end of September for circulation, the Deputy Director, Operations, Dr Tunde Lemo, has said. The regulator had earlier said that new naira notes would be in circulation by June, and that the smaller denomination notes (N5, N10, N20, and […]
Tag: N5
CBN to Change N5, N10, N20 & N50 to Paper Notes
By Our Correspondent Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has concluded plans to replace the polymer notes of N5.00, N10.00, N20.00 and N50.00 to paper notes reports our Correspondent monitoring the International Monetary Fund (IMF) and World Bank Spring Meeting in Washinghtion, United States. Tunde Lemo, Deputy Governor, Operations […]
President Jonathan Suspends N5,000 Note
Lagos (INVESTADVOCATE)-President Goodluck Jonathan Thursday suspended the planned introduction of the single N5000 note www.investadvocateng.com, has gathered. Reuben Abati, Special Adviser to the President on Media and Publicity, confirmed this to a sesion of the Media. According to him, Federal Government (FG) took the decision in order to give […]
