July 10, 2012 - 5000 & 2000 Naira Note In. July 10, 2012 - 5000 & 2000 Naira Note In Nigeria Yes the CBN is planning to introduce 5000 Naira note into Nigerian currency very soon. is it true. Top Menu. 5000 Naira Note In Nigeria. Posted on July 10, 2012 by Naija Gists 1 Comment. There are perilous cultural and economic ramifications that may likely come from the printing and introduction of 5,000 naira note into the circulation. First and foremost it will be an inducement for Nigeria to progressively print larger banknotes, today it is 5,000 and next time it will be 10,000 naira note until naira become worthless. 23/08/2012 · New 5000 Naira Note. - Politics - Nairaland. Nairaland Forum / Nairaland / General / Politics / New 5000 Naira Note. 2017 Views Important Message About The New 5000 Note CBN Want To Introduce / New 5000 Note To Carry D Face Of 3 NIGERIAN Women / Faces/Images On The New 5000 Naira Note.
ECONOMIC EFFECT OF THE 5000 NAIRA NOTE BEING INTRODUCED IN THE NIGERIA ECONOMY. SO much has been said about the planned introduction of a 5000 naira note,. we will start to save money. Remember, the per unit cost of producing 5000 naira, 1000 naira and 100 naira. Switch to the dark mode that's kinder on your eyes at night time. Switch to the light mode that's kinder on your eyes at day time. 11/09/2012 · 5000 Naira Note: Nigerians Should Brace Themselves For More Hardship First, it was the Structural Adjustment Programme SAP in 1986. General Ibrahim Babangida, the then head of state, in trying to redress the external debt crisis facing the country, committed socioeconomic hara-kiri when he agreed to the loan conditions given by the. How can you be talking about a cashless economy when we are planning to introduce a 5000 naira note. How can we be talking about making N150 000 the maximum withdrawal per day when we are planning to introduce 5000 naira note a bail of which is half a million naira. How can you be talking about electronic banking? The list is endless.
26/08/2012 · Re: 5,000 Naira Note. Take A Minute To Read This. by emma4milan: 10:15pm On Oct 14, 2012 this pple are mad in there tinking,can,t they see our africa brother ghana,formaly ghana 5000 cedis is about 100 naira,but now look at now 1 ghana cedis is 100 naira,u see our leaders devils on the earth,god we do with u soon. 20/09/2012 · My Missing 5000 Naira Note. Source:'Let us separate quarrel before we separate fight'.I start this admonition with the critics anthem, one that has always inspired me. It is by H.G. Wells and he says 'we are going to write about it all. Nigerian New 5000 naira note News for 5000 naira note. $400Billion Nigeria Money Has Been Stolen, 5000 Naira Notes Will Escalate Corruption Says Ezekwesili, Osun Defender Former World Bank Vice-President for Africa, Dr. Oby Ezekwesili. 19/09/2012 · Because fact is, it’s not the 5000 naira note but the biting lack of any naira note for that matter. Let us separate quarrel before it becomes fight, just by way of amateurish suggestion can the N5000 note be made coins, beside I hear the argument that the currency is not for everyone.
According to the following press release issued 20 September 2012, the president of Nigeria has instructed the central bank to halt plans to restructure the nation's currency following public concerns about inflation that erupted after last month's announcement that a 5,000-naira note. 23/02/2018 · The interest paid on fixed deposits is always higher than the interest that the bank pays on a regular deposit and with only 5,000 naira, you can put your money into any bank of your informed choosing for at least 30 days. Note: Different banks have drastically different interest rates so you must find out this information before investing. The 5,000 Naira Note. What's the Fuss about? I am not oblivious of comments on Facebook and Twitter about how the introduction of the new 5,000 naira note will aid inflation, aid corruption and of course shows insincerity of government as regard cashless policy.
The naira was introduced on 1 January 1973, replacing the pound at a rate of 2 naira = 1 pound. This made Nigeria the last former British colony to abandon the £sd currency system in favour of the decimal currency system. There was a government plan to redenominate the naira at 1 new naira = 100 old naira in 2008, but the plan was suspended. Naira replaced the pound as Nigerian national currency in 1973. While initially there were banknotes for 50 kobo 1/2 of 1 naira, 1, 5, 10 and 20 naira, due to large inflation, in time, notes for 50, 100, 200, 500 and 1000 naira were introduced. Here is a prototype image of the proposed 5000 Naira note by Central Bank of Nigeria. 04/08/2012 · CBN Introduction of Five Thousand 5,000 Naira note with picture Its no more news that the central bank Of Nigeria is introducing the Five Thousand Naira 5,000note next year. The CBN had on Thursday announced a comprehensive review of the country’s currency. 26/08/2012 · ACN Advises CBN Against 5000 Naira Note. by Information Nigeria. The Action Congress of Nigeria has advised the Central Bank of Nigeria to have a rethink about its widely publicised intention to introduce the N5,000 note as the highest denominated legal tender in Nigeria by 2013.
04/08/2012 · CBN Introduction of Five Thousand 5,000 Naira note with picture Its no more news that the central bank Of Nigeria is introducing the Five Thousand Naira 5,000note next year The CBN had on Thursday announced a comprehensive review of the country’s currency. How The Introduction of 5000 Naira Note Will Affect Nigeria, Nigerians and The Economy. The Central Bank’s recently announced plan to introduce the N5,000 currency note is a step in the wrong direction, a Report by the Obafemi Awolowo Institute of Government and Public Policy, Lagos, has revealed. 01/03/2018 · When the 1000 Naira Note was introduced, people said it will cause inflation and make it easier for political office holders to loot public funds, the same reasons are being used to kick against the CBN's plan to introduce 5000 Naira note.
My Missing 5000 Naira Note. By Prince Charles Dickson 'Let us separate quarrel before we separate fight' I start this admonition with the critics anthem, one that has always inspired me. It is by H.G. Wells and he says “we are going to write about it all.
23/08/2012 · Breaking News: CBN Announces Introduction of 5,000 Naira Note! by Information Nigeria. The Central Bank of Nigeria has announced that it is going to introduce a N5,000 note into the system. The faces of three prominent Nigerian female activists are to be used on the new note.
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