Special Report

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Much ado about N5,000 note

Again, the Central Bank of Nigeria Governor Mallam Sanusi Lamido has come under serious attack following his proposed plans to introduce N5,000 note and coining of lower denomination. However a panoramic view of Sanusi’s previous policies since he mount the saddle of the CBN, shows, that the Moslem scholar has never had smooth ride.

N5,000 note and currency restructuring at what cost?

When a swarthy man beckons you into a dimly lit alley, you would do well to walk briskly away. But in reality, you might be losing an opportunity to discover a delightful but out-of-the-way small restaurant. Fear and uncertainty about what would happen next, good or bad could be unpredictable.

N5,000 note as red herring!

THE Central Bank served an advance notice of the introduction of a N5,000 note as well as the redesigning of the existing currency profile; under the proposed arrangement, six of the denominations i.e. N5,000, N1,000, N500, N200, N100, N50 will remain in notes form, while N20, N10, N5, N2, N1 and 50K will circulate as coins.

Even with local refineries, subsidy will persist – Marketers

Vanguard Conference Hall is the highest interactive editorial platform for public policy enlightenment, advocacy and solution delivery. It offers public office holders, civil society groups, academicians, opinion leaders and corporate chiefs, the arena to debate and exchange ideas for good governance. In this edition, the topic for discussion is entitled: “Fuel subsidy and the ethical deficiencies in public office in Nigeria.”

New notes’ll ruin the economy, kill cashless policy

WHEN the Central Bank of Nigeria CBN wanted to introduce the cash less policy its argument was that less than 10 per cent of the Nigeria population draws on the average that amount of money from the banking system thus placing the burden of cost of cash management on the banks and the CBN. Every entreaty to persuade the CBN out of it failed. The rest is now history.

POLICY ON N5, 000 CURRENCY: Much ado about very little

SANUSI Lamido Sanusi, the Governor of the Central Bank of Nigeria, CBN, belongs to a small league of public officials – including Obasanjo, IBB, Jonathan, and now Okupe – whose pronouncements are guaranteed to provoke controversy.

The case against FTO designation for Boko Haram – Scholars

Should Boko Haram be designated an FTO through this regime, it would be illegal for non-governmental organizations to interact with members of Boko Haram – even if the purpose of such contact was to persuade them to renounce violence.

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