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.

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