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Wednesday, 1 August 2012

CBN Finally Set To Introduce the N5000 Note

Interesting actually this is happening, The Central Bank of Nigeria announced that it will introduce the N5, 000 note into the system, but contrary to speculations that CBN planned to use Nigeria's late former president, Umar Musa Yar'adua's face on the note, it has now been announced that the faces of three late prominent Nigerian female activists will be used on the new notes which will be launched next year! Jan 1st 2013

The women are to cover the N5,000 Notes:
1. Margaret Ekpo: late politician and social mobilizer (1914 - 2006)
2. Hajia Gambo Sawaba: late politician and activist (1933 - 2001)
3. Funmilayo Kuti: lte politician and women's right activist (1900 -1978)

The Central Bank of Nigeria also has in its Plan to convert the N5, N10 and N20 notes to coins next year.
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