NewStats: 3,264,892 , 8,185,021 topics. Date: Thursday, 12 June 2025 at 05:54 PM 673k2o

According to the reports, the CBN was set to introduce the new notes to reduce cash-handling costs and improve liquidity management.

The Central Bank of Nigeria (CBN) has refuted claims that it has introduced new ₦5,000 and ₦10,000 notes, describing the reports as false.

This comes after widespread misinformation suggested that the apex bank had unveiled the high-denomination banknotes to enhance cash transactions.

According to the reports, the CBN was set to introduce the new notes to reduce cash-handling costs and improve liquidity management.

Some of these claims even attributed statements to a supposed Deputy Governor, Dr Ibrahim Tahir Jr., regarding the rollout of the notes from May 1, 2025.

However, the CBN has denied these reports, stating: "This content is NOT from the Central Bank of Nigeria. Kindly note that the official website of the CBN is cbn.gov.ng."

https://saharareporters.com/2025/04/02/nigerias-central-bank-debunks-reports-new-n5000-n10000-notes

In Nigeria, Anything The Nigeria Government Debunks, Just Know it's True. Give Them 2 Months

A serious government who truly wants to fight corruption will withdraw N1000 and N500 notes from circulation rather than considering printing of higher notes to aid corruption.

Anything dat will scatter Nigeria further is welcome…

One cool
Palm wine and zoo
For you

They
Throw
It
Out
As rumor
To sample opinion
Then
Let
The
Internet warriors abuse their tribe and religion
Finally
They set absurd reason and implement it

Thats
Where
We
Are
With NNPC till date

Time will tell

Any time this Støøpid istration refutes a statement then know it's truth.

I'm privy to the production room of CBN and I can tell u for a truth the 10k note which will hit the streets soon has Bola Ahmed Tinubu on it.

Take note: this ediot is not sleeping ooo

Every news started from rumors .... For it to be rumored it's already in the pipeline.... No be Nigeria we de.

More rooms to loot the Nation must surface..... Stewpid polithievians, executhieves and legitlooters

A Dollar will still reach 5k per naira in a very short time.

The world is moving very fast in making electric cars very affordable so that we get rid of fossil car engines.
By then, crude Oil will become obsolete.

That's when Nigerians will know the meaning of economic hardship, and economic crisis

I love the fact that Nigeria can never diversify, let corruption lead us to abyss and sink us deeper than Titanic.

The insecurity that will arise due to the ripple effect of this impeding doom that is coming, even rich people will not survive it in their estate.
We are heading to a state of anarchy, where many crime leaders like Bello Turji will arise, even in some southern Nigeria where Muslims are visibly present.

The sham unity holding this country would collapse from its base.

Let tribalism keep us apart from tackling this impending doom.
Nigerians will learn the hard way.
Some will understand what I'm saying, some will think its tackling the government, but I didn't mention any president's name.

Anyhow

Rumor in all spare

The fake people at it again

Politicians we have a field day looting our collective Treasury so easily....

refute what?
only for us to see tinubu launching the money

I knew the news was false immediately I heard about it

Gradually we are turning Zimbabwe 😁. We go see Buhari for 100,000 naira notes tag the great depression disaster 😁

Anything they debunk is true.
Give them time.

But I know it's fake,we haven't reached this stage

And the news must come to be true sooner or later . This is Nigeria anything way government debunk must happen.

if they deny it, that means it is true they are planning it

God help us in this country

Good to see how Nigerians are gradually waking up to the reality of these politicians and no one believes them any longer,

It doesn't seems to be true at all, on what base do they need that

Thier denial is confirmation.

Let's just expect it... Nor be FG again

Antoeni:
In Nigeria, Anything The Nigeria Government Debunks, Just Know it's True. Give Them 2 Months

You just spoke my mind jare. Thank you

Oakenshield:
But I know it's fake,we haven't reached this stage

From past experience, you should know this is the "testing the microphone" stage. Anything government deny is always true.

This is also a leaked memo like the edo State tribunal result. Our economy is in shambles,that is why they are printing 5k and 15k notes. Ask Zimbabwe that printed 1 million naira note

.. nothing wrong with that. It's long overdue.

Why do you need more notes to buy anything tangible from the market when you can use few notes. we already faced serious inflation in the last decade that warrant new notes.

It help with liquidity and balance trade.

Cbn should print it fast. it's long overdue.

100k doesn't fit well in a wallet. For a money that can not buy anything tangible.

it's either we redenominate or introduce higher denomination.

When obj introduced 500 and 1000. Nigeria also shouted. But today it's history.

We need 2000, 5000 and 10,000 as this we reduced dollar dependancy for some people.

1usd is higher than our highest denomination.

Show me the country where their highest denomination is below 1usd.

The country is a joke

Do not regard this refuting from CBN if a government can change the national anthem, suspend a democratic government, remove subsidy without conscience, owe contractors for more than six months etc. then what is it to add 5k and 10k notes?

Antoeni:
A serious government who truly wants to fight corruption will withdraw N1000 and N500 notes from circulation rather than considering printing of higher notes to aid corruption.

This was how closing the borders was everybody's favorite economic strategy until Buhari did, and it was proven to be nothing but emotional strategy.

How does withdrawing said denominations fight corruption?
South Korea has 100000 won, and your country is more corrupt than theirs