CBN Debunks Reports on N5,000 and N10,000 Banknotes

The Central Bank of Nigeria (CBN) has officially dismissed claims regarding the introduction of new N5,000 and N10,000 banknotes, labeling such reports as false and misleading. False Reports on High-Denomination Banknotes Recent widespread speculations suggested that the apex bank was preparing to roll out high-value currency denominations to streamline cash transactions and enhance liquidity management […]