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CBN Launches N5000 Bill: See Faces On New 5000 Naira Note

n5000 note bill

August 24, 2012 – CBN Launches N5000 Bill: See Faces On New 5000 Naira Note

After months of speculations, The Central Bank of Nigeria, CBN has finally announced that it will be introducing 5000 Naira note, bill into Nigeria’s currency system.

This surprise announcement was made on Thursday August 23rd, 2012 by CBN Governor Sanusi Lamido.

Faces On The New N 5000 Naira Note / Bill

To many peoples’ surprise the faces that is set to be on the new 5000 Naira notes are those of top Nigerian female activists and they includes:

  • Margaret Ekpo (1914 – 2006), a late activist and politician politician
  • Hajia Gambo Sawaba (1933 – 2001) , a late politician
  • Funmilayo Kuti (1900 -1978), the late women right activist

Read CBN Governor confirms 5000 Naira Note



  1. obele

    August 25, 2012 at 12:16 AM

    is this really a good ideal,introducing 5000 niara note when the world is running a cashless economy.

  2. Abamz Abam

    August 25, 2012 at 11:19 AM

    I tink it’s more condusive and safer! But the fact is in every new development there must be some half-harzerd movement, but we can still adapt.

  3. Saviournsimbehe

    August 26, 2012 at 5:56 AM

    Implimentation of new note is not a well development.


    August 27, 2012 at 9:25 AM

    wayo wayo arengy money

  5. lsjoe

    August 27, 2012 at 1:12 PM

    for me it is not what we needed for now, our economy is downcast. We need development in naij.

  6. sineo

    August 27, 2012 at 1:43 PM

    not a good thing at all

  7. Na CHINKY dey Talk!!

    August 28, 2012 at 7:13 AM

    Dis our 9aija self! Na waooh!! How com our senate C’tee on Banking n Finance doesn’t knw abut dis uncalled for decision from sanusi n his men?

  8. Damilare micah

    August 28, 2012 at 9:39 PM

    This is not what we need now, we should be more concern about how to stabilize our economy rather than wasting time on irrelevant things.

  9. Ederigbe williams

    September 7, 2012 at 7:01 PM

    In a cashless economy like nigeria where transation is almost with out physical cash(money),transfer of money is with e-payment. what do we need 5000naira note for?the economist should know dat 1 mistake will bring de crying nigeria 2 a standstill & high inflation.if a doctor make mistake, 1 patient might die but a mistake of an economist can kill a country.

  10. Wusu oluwaseun david

    September 13, 2012 at 8:16 AM

    This is nt what we need nw it can never help our economy.

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