Wednesday 29 August 2012

N5,000k

The proposed N5,000 note sticks
out like a sore thumb in the new
currency profile; technically,
currency profiles are universally
structured along multiple steps of
1, 2, 5 and10, for both coins and
notes. Surprisingly, in this instance,
CBN has leapfrogged N2,000 to
adopt the N5,000 denomination.
Do agree with this economic
analysis ?

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