CBN Introduces N5000 Note

News just coming in reveals that the Central Bank of Nigeria (CBN) under the leadership of Mallam Sanusi Lamido Sanusi has announced the introduction of N5000 denomination into the system.

Reports say that the 5000 Naira note will have faces of three late prominent female Nigerians on it.

The faces are late politician and social mobiliser, Margaret Ekpo (1914 - 2006);  late politician and activist Hajia Gambo Sawaba (1933 - 2001) and late politician and women's right activist Funmilayo Kuti (1900  -1978).

Recall that this proposal has been on for some time now. This latest development may put that to rest. The nation already has N5, N10, N20, N50, N100, N200, N500 and N1000 notes in the system.