We have no plans to introduce N5000 notes says CBN quicknews-africa.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from quicknews-africa.net Daily Mail and Mail on Sunday newspapers.
Despite being a leader in telecom adoption in Africa, Nigeria’s digital payment system has been hindered by a lack of collaboration, poor infrastructure, and regulatory framework, writes FELIX OLOYEDE
The Central Bank of Nigeria (CBN) said there’s no plan to introduce N5,000 denominated bank note following the naira redesign. Ahmed Umar, CBN Director of Currency Operations made the clarification on Tuesday in Port Harcourt, Rivers State. Umar attended the Nigeria Deposit Insurance Corporation (NDIC) workshop for Financial Correspondents Association of Nigeria (FICAN) and Business…