PROPOSED N5,000 NOTE: CBN DISMISSES INFLATION FEARS

The Central Bank of Nigeria on Tuesday dismissed fears that the planned introduction of N5000 note could engender inflation.
The apex bank said the fears expressed by Nigerians, including economists and finance experts, had  no basis in economics.
It  threw a challenge to  economists  against  the move to make public,  any theory that  opposes  higher currency denominations.

Read more