Cardoso Blames Digital Payments, Inflation for Scarcity of N100 and N200 Notes as Nigerians Fear N5000 Note Is Coming
Central Bank of Nigeria Governor Olayemi Cardoso has attributed the growing scarcity of N100 and N200 notes to the rapid adoption of digital payments and the declining purchasing power of lower denominations, a development that has fuelled widespread speculation that the federal government may be preparing to introduce a higher banknote such as the rumoured…
