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* Sunday, May 19, 2019 09:10:20 CET
Photo/News: VANGUARDNGR.COM
Latest Rational Perspectives articles , comment, analysis from Vanguard News...
...It is not clear, if the N100 paper denomination, which is alleged to bear an offensive religious symbol, was included in the fresh currency profile. IN an apparent admission  of public rejection of lower Naira denominations for daily transactions, the CBN has embarked on a project designed to reportedly mop up, over-circulated and mutilated bank notes from the market. CBN Deputy Governor, Operations, Folashodun Ade Shonubi, announced, in April 2019, that the apex bank was putting in place strategies to enable “direct disbursement of lower bank notes to various market Associations and Merchants through their respective Deposit Money Banks (DMBs), in or... Read the full article
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