Central Bank of Nigeria will on the 1st of September release into circulation =N=5,000.00 notes, only God knows whose picture will be on the note.
My worry is that, what is the need for this 5k note if CBN is forcing cashless economy? CBN has not fully succeeded with the cashless economy and it is bringing 5k note into circulation.
This is a very easy way to launder money, a bundle of the note is 500k and that can fit perfectly into my jeans pocket and into a politician's cap and agbada (guess you understand what i mean)
What is your take on CBN introduction of the 5k note???
