Nigeria: Anglican Church Rejects N5000 Note

[The] primate of the Anglican Church of Nigeria Most Reverend Nicholas Okoh has rejected the proposed introduction of N5000 notes by the Central Bank of Nigeria (CBN) and the coining of some lower denominations.

Speaking in Abuja at the weekend at the consecration of Nathaniel Oladejo Ogundipe as Bishop of Ifo, Most Reverend Oko said there are other economic challenges for the CBN to tackle than the introduction of [a] higher denomination….

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Posted in * Anglican - Episcopal, * Economics, Politics, Anglican Provinces, Church of Nigeria, Economy