The Central Bank will launch a new N5, 000 bill, making it the highest single Naira bill in the Nigerian economy.
The new bill according to the apex bank’s Governor, Mallam Sanusi Lamido Sanusi, will feature the faces of three deceased prominent Nigerian female politicians and activists – Madam Margaret Ekpo (1914 – 2006); Hajia Gambo Sawaba (1933 – 2001) and Funmilayo Kuti (1900 -1978).
Sanusi in a briefing with Journalists also said N50, N100, N200, N500 and N1, 000 will be redesigned with better security features and markers to beat counterfeiters, while N5, N10 and N20 bills will reintroduced as coins.
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