Topic: CBN: How about a N100,N200,N500 Coin plus a N10,000 Note?  (Read 1732 times)

0 Members and 1 Guest are viewing this topic.

CBN: How about a N100,N200,N500 Coin plus a N10,000 Note?
« on: September 17, 2012, 11:52:06 AM »
That was the Question that came to mind this morning, If CBN is bent on changing the Naira and introducing coins by all means "how about a N100,N200,N500 Coin plus a N10,000 Note?"

Coins has always seen its death because it doesn't have a true money value and seen as small changes and give away currency, If CBN wants coins to stay, then put the real money we spend on coins maybe then we can spend some coins..there is no point carrying 100 X N10 coins if i can have 2 N500 coin shebi?

And since we want higher currency to lower notes and carrying money around, then we can simply introduce N10,000 note with the N5,000 kukuma. We wont be the first to have N10,000 notes.

** Don't crucify me , I'm just trying to find another justification for what we don't want.





« Last Edit: September 18, 2012, 04:07:37 PM by flukky01 »

 

Related Topics

  Subject / Started by Replies Last post
0 Replies
2359 Views
Last post September 02, 2013, 11:45:54 AM
by clowntom
2 Replies
7104 Views
Last post November 13, 2014, 03:51:40 PM
by flukky01
0 Replies
967 Views
Last post January 01, 2016, 01:01:33 PM
by olutee
0 Replies
980 Views
Last post April 06, 2016, 07:00:14 AM
by flukky-1
0 Replies
1025 Views
Last post May 01, 2016, 07:00:15 PM
by flukky-1
0 Replies
879 Views
Last post December 31, 2016, 01:02:15 AM
by olutee
0 Replies
323 Views
Last post October 24, 2021, 07:03:24 AM
by flukky-1
0 Replies
171 Views
Last post February 16, 2023, 07:08:23 PM
by thisday
0 Replies
377 Views
Last post September 01, 2023, 07:16:43 AM
by The Guardian
0 Replies
240 Views
Last post March 25, 2024, 01:00:21 PM
by olutee