Popular Nigerian economist and the Chief Executive Officer of Economic Associates, Ayo Teriba, has called on the Central Bank of Nigeria to introduce naira notes with higher face value like N10,000 and N20,00 saying it is the sensible way to drastically reduce pieces of Naira notes in circulation by the end of 2023.
Teriba urged the CBN to print N2,000, N5,000, N10,000 and N20,000 that will equal $4 and $50 notes to help it control printing of excessive numbers of currency notes.
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