With the introduction of the N100 note. Again, in November 2000 and April 2001, the CBN issued N200 and N500, notes respectively. On Wednesday, October 12, 2005 N1000 note was presented to the public. Furthermore, on 14th August 2007, the formal CBN governor Prof. Charles Soludo, proposed to restructure and redenominate the naira by dropping tow zeros or moving two decimal point to the left from the currency and issuing more coins…