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CBN
Introduces N1000 note
The Central Bank of Nigeria has introduced N1000 (One thousand naira currency
note) into circulation on October 12th, 2005. The new note has the portraits of
Alhaji Aliyu Mai Bornu &
Dr.
Clement Isong. Click here for
security
features of the new note.
Bank
Consolidation
The Central bank of Nigeria has introduced a 13 point agenda on July 6, 2004 to
address the perennial problem of systematic distress in the banking industry. This
is aimed at recapilisation and consolidating banking industry for efficient delivery.
See Consolidation Recourses and Frequently Asked Questions (FAQs)
| Facts : 1/1/1900 |
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| West African Currency Board:The West African Currency Board was established in 1912 to retain the services of Bank of British West Africa. It set up four centres in Lagos, Accra, Freetown and Barthurst (now Banjul). |
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