The CBN is contemplating the inroduction of N2000 and N5000 notes and then N5, N10, N20, N50 coins. Top management of the CBN said it's in the best interest of the economy.......(ihear)
Continue to read after the cut.......
Dr Godwin Owoh, a financial expert and chairman of the society of Analytical Economics in Nigeria said that if the policy is carried out, inflation wouldn't be the only consequence but will bring about alot of difficulties in cash transactions.
I thought these guys have talked bout this issue before or perhaps some peeps are getting broke and are now looking for avenues to yield some revenue....#Godiswatchingthem
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