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Nairaland Forum / Nairaland / General / Business / 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? (77653 Views)
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Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by ACHIEVERBA: 1:54pm On Apr 17, 2018 |
That's true, a friend had his wedding over the weekend. we tried to get every denomination in mints......we ended up not getting only N100 cos they said it's not in circulation 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Olalan(m): 1:54pm On Apr 17, 2018 |
its equally scarce these days |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Oblitz(m): 1:54pm On Apr 17, 2018 |
because central bank has refused to print new notes 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by fatymore(f): 1:55pm On Apr 17, 2018 |
Hi |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Edddie(m): 1:55pm On Apr 17, 2018 |
Wondering why all 100naira notes are dirty, squeezed, torn and worn-out this way?? Obafemi Awolowo's Potrait is used for that currency. And he's a Yoruba man. Period!!!! 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by mokt(m): 1:56pm On Apr 17, 2018 |
That one dey display money wey dem spray am for party |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by echelons(m): 1:56pm On Apr 17, 2018 |
Blame CBN. The idea is that minting a single note costs around #40 no matter the denomination. So it's cheaper to month the higher denominations than the cheaper denomination. Another thing is that the rate of exchange of smaller bills is higher that that of the lower bills, so it's natural that the small bills will deteriorate faster. Now it looks wise for them not to mint smaller bills right? Well, no. The consequence of this decision is that that macro economy is being affected. That values of consumer items are being approximated to the nearest readily available notes (change). The masses don't get the REAL value for the items they're purchasing. And this is one of the major causes of inflation, which is now an even bigger headache to the government than the gain of the cut cost. Buhari does not know any of these though, but I think the guys at CBN should know. 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by vineyardfarms: 1:57pm On Apr 17, 2018 |
realmindz: CBN OUT DATED, SICK AND WORN OUT. 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by GaggleNSwallow: 1:58pm On Apr 17, 2018 |
One MURIC alfa condemned the 100 naira note just to blame GEJ, this mumu wants to talk too. 2 Likes |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by seguno2: 1:59pm On Apr 17, 2018 |
realmindz: Blame it on the recession. We are in the era of blame games. 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Buffalo2(m): 2:00pm On Apr 17, 2018 |
It's everywhere |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by KauntantJoyce(f): 2:00pm On Apr 17, 2018 |
The one wey op post still fine seff There are very badddd ones than these oooo |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Gabrinas(m): 2:02pm On Apr 17, 2018 |
That is true, I witnessed that in Ibadan and Sango Ota |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by ebuk4real(m): 2:02pm On Apr 17, 2018 |
Haven't we read what Muric said about it just to discredit GEJ? that's a prelude before it will be phased out & they will print the one with Islamic inscribed on it. Especially now that a fundamentalist is our president. Just watch out 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by tmanis(m): 2:03pm On Apr 17, 2018 |
realmindz:If I'm right, the year printed on the note indicates the year it rolled out of the press... That note was printed in 2014.. This is 2018... 100naira note is common among middle to low class citizens and get passed around more... I don't blame the note o 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by solochris(m): 2:03pm On Apr 17, 2018 |
Dirty #100 notes? Reason is not far fetched. Whose pics is on it? Maybe dirtiness has something to do with that tribe Na joke o 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by nwaChief007: 2:05pm On Apr 17, 2018 |
Mehn I came back to Nigeria last year I didn't even see one single neat 100 note it's just rubbish |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Nobody: 2:07pm On Apr 17, 2018 |
Since the 2014 "hundred anniversary 100 naira note", did the CBN refuse to print more? Are they trying to slowly phase it out of circulation? 2 Likes |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Luckyabuchi(m): 2:07pm On Apr 17, 2018 |
Someone is saying something about the Arabic inscription on the note that was removed and because of it the present government refused to re-mint the note, too bad if you ask me, why was the Arabic inscription there at the first place, is Arabic our official language? Somethings will never change when some people are think others for a fool 2 Likes |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by diamond88: 2:07pm On Apr 17, 2018 |
solochris: 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by lightwind(m): 2:09pm On Apr 17, 2018 |
I don't know why this man is here, this could be so scary at night 1 Like
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Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Pain(m): 2:10pm On Apr 17, 2018 |
MOST ARE JUST RETURNING FROM THE NORTH EAST WHERE THEY WERE INVOLVED IN TRANSACTIONS BETWEEN BOKO HARAM & LEPERS 1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by iPROFITPACK(m): 2:10pm On Apr 17, 2018 |
Naira is in trouble always... It's time to make money ⬇ jare |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Slymonster(m): 2:11pm On Apr 17, 2018 |
Sometimes its smells badly. The more you try to give it out,the more it comes back to you. I hope there is no outbreak in that dirty smelling currency.. |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Nightking04(m): 2:12pm On Apr 17, 2018 |
Lifeofpolice1:I hereby nominate you for mumu of the year |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by abbeyty(m): 2:12pm On Apr 17, 2018 |
Dirty people dirty money. I know they will blame government for dirty money. |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by godofuck231: 2:12pm On Apr 17, 2018 |
realmindz: There is shortage of change in circulation and buhari hasn't made provision for mints, the central bank is in a tight position to produce more of the most used denominations. Your country is turning back to the stone ages. |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by dotedote: 2:13pm On Apr 17, 2018 |
just now n
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Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Enskynelson(m): 2:14pm On Apr 17, 2018 |
realmindz: The N100 Note is always dirty because na Yoruba man dey on top. |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Lifeofpolice1(m): 2:15pm On Apr 17, 2018 |
1 Like |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by annibro(f): 2:17pm On Apr 17, 2018 |
realmindz: This is my Opinion. Ever since Jonathan removed the Arabic inscriptions on the former N100 note, this govt has refused to Print new ones cos anything Arabic to them is Islamic. They don't want to print new ones without the inscription, neighter can they bring back the old or Print on the new. All eyes are watching. I said this 2 yrs ago as a joke, now it is beginning to sound true. It is the TRUTH. |
Re: 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? by Primebuilders(m): 2:18pm On Apr 17, 2018 |
There is this rumour going about that because GEJ remove the Arabic writing in the centenary N100 note they want to phase it out |
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