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Nairaland Forum / Nairaland / General / Business / Naira Redesign: CBN Denies Plan To Print ₦5,000 Note (14773 Views)
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Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by valentineuwakwe(m): 11:31pm On Nov 29, 2022 |
The Central Bank of Nigeria (CBN) said there’s no plan to introduce N5,000 denominated bank note following the naira redesign. Source: https://dailypost.ng/2022/11/29/naira-redesign-cbn-denies-plan-to-print-n5000-note/ 3 Shares
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Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Thortp(m): 11:32pm On Nov 29, 2022 |
Anything you like, print. Do we even have any opinion? Before somebody will say na hate speech. 32 Likes 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by endsarrrs(f): 11:34pm On Nov 29, 2022 |
![]() “What we are printing is going to be very limited because we want other means of settling transactions to be used,” Worthless CBN and it weak Naira 13 Likes 4 Shares |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Onucs(m): 11:37pm On Nov 29, 2022 |
worthless country, worthless leadership, worthless currency. spits! 17 Likes 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by LeoDeKing: 11:37pm On Nov 29, 2022 |
Ipob will concoct story and post it on social media, when authorised agencies distance themselves from the report, same ipob will say they are denying what they had said. I still don't know where the rumour of printing higher denominations are coming from. Prior to the launching of the redesigned notes, Emeka was arguing seriously about higher denominations. He even backed his argument that the reason for higher denominations was that Buhari and Tinubu were planning to steal plenty money to go save in amelica. I asked Emeka where he got this information. His response was not just amusing, but very funny, so at that point, I stopped the argument. His brother who was very close to Simon Ekpa was the source. ![]() 14 Likes 5 Shares |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by endsarrrs(f): 11:39pm On Nov 29, 2022 |
LeoDeKing: Bigot 33 Likes 3 Shares |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Urheadmaster(m): 12:20am On Nov 30, 2022 |
LeoDeKing: Did IPOB kill one of your relation ![]() Why the accusations against IPOB without evidence ![]() 32 Likes 3 Shares |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by chatinent: 12:31am On Nov 30, 2022 |
I don't see anything wrong in having a ₦5k note. It's long overdue. 4 Likes |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by mradjoy(m): 5:35am On Nov 30, 2022 |
Someone showed me that fake 5k note few days ago online and I was like is CBN printing 5k note along with the redesign of the old notes? Incase you are planning to travel/japa I sell cheaper flight tickets to anywhere in the world, my DM is open or do it urself here: https://go.adjoytravels.com/NRLD Help my hustle abeg. Kindly help share with family and friends thank you |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Jahwinaboy(m): 5:35am On Nov 30, 2022 |
Rubbish |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by iscom(m): 5:36am On Nov 30, 2022 |
OK oooo |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by thesicilian: 5:36am On Nov 30, 2022 |
Lol . There's no smoke without fire. 8 Likes 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Yankiss(m): 5:36am On Nov 30, 2022 |
Higher denomination notes will only worsen hyperinflation. No strong currency has very high denomination. The US dollar, British pounds sterling, Euro. 18 Likes 8 Shares |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by princeryle1: 5:38am On Nov 30, 2022 |
Ok |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by bestman09(m): 5:39am On Nov 30, 2022 |
It's even better to scrap the big denominations so that the naira can worth anything. Do you realize that N50 can hardly buy anything now? My own concern is that 20$ monthly limit on our ATM card is embarrassing and frustrating 6 Likes 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by WibusJaga: 5:39am On Nov 30, 2022 |
. They will soon need to print 5k & even 10k notes considering the rate at which prices are escalating & smaller notes like 5,10, &20 naira notes are becoming worthless. Unless something drastic is done like voting out PDAPC. ![]() 3 Likes 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by fineboynl(m): 5:42am On Nov 30, 2022 |
Well. Printing very few note will have consequences on the economy. The economy will be shrink. Marketers will complain of low sales and credit because of no cash. Also beggars And children will suffer as a result of no physical cash. People hoarding cash as a result of limited cash. Small scare business will be stagnant. 1 Like |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by MikeMicheal(m): 5:43am On Nov 30, 2022 |
ok |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by OPICANTO2223: 5:49am On Nov 30, 2022 |
Anything APC denied is real. |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Yankee101: 5:52am On Nov 30, 2022 |
That will be automatic devaluation 1 Like 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by saferoom: 5:54am On Nov 30, 2022 |
Ok |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Codes151(m): 5:55am On Nov 30, 2022 |
Illeterates. |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Elidrisy20: 5:58am On Nov 30, 2022 |
Thunder fire Emefile, if him like make him print N1m 3 Likes 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by kevwemike: 6:03am On Nov 30, 2022 |
Pls as anyone heard about this company b4 pls help a brother.
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Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by sukkot: 6:03am On Nov 30, 2022 |
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Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by spartachico(m): 6:10am On Nov 30, 2022 |
one funny thing i realize about Nigeria government is that ,anything they come out to deny publicly or anything they debunk ,that thing will surely come into existence ,so my people be ready for more naira devaluation because that 5000 naira will be the end of naira and its economy 5 Likes 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by spartachico(m): 6:12am On Nov 30, 2022 |
please be careful,i know that road but never heard of the company ,could be true or false but please be careful kevwemike: 2 Likes |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by spartachico(m): 6:13am On Nov 30, 2022 |
i swear ...say no more OPICANTO2223: 1 Like 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Truvelisback(m): 6:14am On Nov 30, 2022 |
chatinent:Are u ok? 1 Like 1 Share
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Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by seanwilliam(m): 6:15am On Nov 30, 2022 |
Like for rise in naira value share for rise in dollars value |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by Skty: 6:16am On Nov 30, 2022 |
LeoDeKing: Wetin consign ibos with printing of naira? 2 Likes 1 Share |
Re: Naira Redesign: CBN Denies Plan To Print ₦5,000 Note by spartachico(m): 6:22am On Nov 30, 2022 |
since July 13, 1969 ,the American government has refused to circulate any note above $100 and that same $100 in 1969 was almost or even equivalent to 100 naira at that time and now take a look at same $100 is somebody else flat house rent in Ibadan,yet our naira no stable and you want them to print 5k note ...plan well for your kids pls. chatinent: 6 Likes 1 Share |
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