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Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order (40303 Views)

Naira Scarcity Lingers Despite Supreme Court Judgment / Banks Begin Collection Of Old Naira Notes Despite CBN’s Denial Of Directive / Bank ATMs Still Dispensing Old Naira Notes, Despite CBN’s Directive (2) (3) (4)

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Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by lsoul: 7:23pm On Feb 10, 2023
What kind of fake news is this
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by bigcasava1(m): 7:23pm On Feb 10, 2023
Thank God UBA no follow, let me continue enjoying my old currency. God truly love me.
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by DonroxyII: 7:23pm On Feb 10, 2023
AsomughaChuks05:
People are still c9llecting the old notes as of this afternoon that I went to the restaurant. If the people cooperate, there is little the CBN can do until they mop up the old notes completely. If the commercial banks don't collect the old note(which is doubtful), they risk going bankrupt if customers decide to start keeping their cash at home.
Verily, Bank would be begging people to Deposit their Monies because they fvcked Up !
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by jaymichael(m): 7:23pm On Feb 10, 2023
azpekuliar:
Well, if you insist on using the old notes because you chose to be misguided by the likes of El-Rufai, be prepared to deposit them at the bank of the supreme court after the deadline.
You that is not misguided, how much of the new notes do you have?

5 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Diligence: 7:24pm On Feb 10, 2023
Dear Fellow Citizens: Please note as follows:

1. By 4 p.m. today, 10-Feb-23, the old Naira notes ceased to be legal tender. Already, rejection of old Naira notes has commenced in earnest.
2. From 11-17 Feb 2023, those mischievous saboteurs can still deposit BUT with only CBN of course after coffee/tea wt EFCC &/ ICPC.
3. CBN would circulate more NEW notes but cautiously wt strict disbursement monitoring on banks because of people like Tinubu & APC & their greedy cronies in some banks
4. Buhari & CBN really desire free & fair elections NOT vote buying elections that Tinubu & APC had vn preparing for.
5. Nigerians should know that CBN & Buhari mean well, but unscrupulous Tinubu & APC mean otherwise esp in connivance with some bankers.

Shebi Money is supposed to be a medium of exchange of value NOT for some heartless politicians who may hv bn hoardg them at various places for evil purposes.

We want DSS to carry out sting operations on Tinubu, his cronies & Lagos State govt. They may just catch dem in the act of illegally hoarding and laundering both old & new Naira notes...

Take Back Your Country
It Is your future they're toying with
Vote Obi Datti
ItIsNowOrNever

2 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Nobody: 7:25pm On Feb 10, 2023
Pierced:
Toaday.......at mile 12 market.......even till now.... people are still collecting old notes.

I wonder what will happen on Monday. Maybe banks will not open.

By law, one can still deposit old notes in the bank even after due date
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by fydence: 7:25pm On Feb 10, 2023
Buddha3:
grin grin

Very reason I stopped arguing with Tinubu's urchins on the other thread.

Supreme Court sidon give nonsense order wey no dey binding on CBN, because the apex bank was not part of the sued parties, and una just think say commercial banks go wake up reverse policy when their Mother Bank never give them order to that effect?

When they say Tinubu's urchins are foolish, there are very good reasons why. Make the Supreme Court waka go banks go enforce the injunction na.. grin!

Stupid bastards!
But everybody knows that....

1 Like

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Jack500: 7:28pm On Feb 10, 2023
Buddha3:
grin grin

Very reason I stopped arguing with Tinubu's urchins on the other thread.

Supreme Court sidon give nonsense order wey no dey binding on CBN, because the apex bank was not part of the sued parties, and una just think say commercial banks go wake up reverse policy when their Mother Bank never give them order to that effect?

When they say Tinubu's urchins are foolish, there are very good reasons why. Make the Supreme Court waka go banks go enforce the injunction na.. grin!

Stupid bastards!


Your brain is damaged.

You really think people money will expire?

Some of you no get brain

8 Likes 2 Shares

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Nobody: 7:29pm On Feb 10, 2023
Jack500:


People are trading with the money here, you can bring your old money to me

I can't bring old money to you cause I don't have it. Don't even have the new notes. I've long been doing cashless transactions as far back as late 2020. I've grown into it, and my wife equally has the same preference.

So I haven't exactly shared in all of these lamentations.
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by SeyiDominion: 7:29pm On Feb 10, 2023
It is like some people are really looking for trouble in this country.

2 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Jack500: 7:30pm On Feb 10, 2023
Buddha3:


I can't bring old money to you cause I don't have it. Don't even have the new notes. I've long been doing cashless transactions as far back as late 2020. I've grown into it, and my wife equally has the same preference.

So I haven't exactly shared in all of these lamentations.

Cashless transaction to buy fish, pepper, coke and petty petty thing?

9 Likes 2 Shares

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Nobody: 7:30pm On Feb 10, 2023
Jack500:



Your brain is damaged.

You really think people money will expire?

Some of you no get brain

I agree.. grin.

Just escort Supreme Court officials and El-rufai's committee, as they go around collecting old notes from Nigerians.

2 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Nobody: 7:31pm On Feb 10, 2023
ChangetheChange:

cheesy grin grin
Jungle don mature
They should go to Hell Rufai house or the supreme court or Tinub's house or any APC office in their States to change their old naira note grin grin grin
Even Supreme Court will vacate that nonsense order next week , and CBN decision next week will be final and heaven will no Fall

I thought it was a rumour that you guys are wicked, but Emefiele has nailed it finally that wickedness is an understatement! You guys are evil!

4 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by 4ward4: 7:32pm On Feb 10, 2023
Pierced:
Toaday.......at mile 12 market.......even till now.... people are still collecting old notes.

I wonder what will happen on Monday. Maybe banks will not open.

once the people rise against such nonsense and keep doing their normal trade, those two persons can't do anything.

1 Like

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by gloryman91: 7:33pm On Feb 10, 2023
As I dey now na old Naira note of 200 Naira I get for pocket sef.
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Nobody: 7:33pm On Feb 10, 2023
Jack500:


Cashless transaction to buy fish, pepper, coke and petty petty thing?

You have no idea!

Even on occasions when Madam uses the car and I have to fly public fare, my keke riders take transfers. We hardly withdraw up to 10K in an entire month, and that's because of offerings in church.

2 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by madridguy(m): 7:33pm On Feb 10, 2023
grin grin grin

DonroxyII:
We should just Abandoned the Bank and Continue spending Old Naira notes among Ourselves cheesy ....

CBN no fit wise Pass Us !
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Jack500: 7:33pm On Feb 10, 2023
Buddha3:


I agree.. grin.

Just escort Supreme Court officials and El-rufai's committee, as they go around collecting old notes from Nigerians.

We shall see from next week 😆

Do you realize most bank didn't open this week?
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Nobody: 7:35pm On Feb 10, 2023
Jack500:


We shall see from next week 😆

Do you realize most bank didn't open this week?

I didn't realise anything.. grin.

I had no business stepping anywhere close to any bank's premises.

1 Like

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by drezzyx(m): 7:37pm On Feb 10, 2023
New naira note we no see ,old note wey we manage see una wan make we go deposit come dey starve.
Thunder will fire all of una.

6 Likes 1 Share

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by egunna(m): 7:38pm On Feb 10, 2023
kcnwaigbo:

No problem continue collecting.Its just that you can only deposit it at the supreme court and not any commercial bank after today
what are u driving at?if u are telling us not to use the old currency,where is the new one to use?if there was enough new currency on ground,wud we be attached to the old ones just like dat?even of u paid the old notes into ur account,how do u get the new one from banks or pos?

3 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by sky4r: 7:39pm On Feb 10, 2023
Few politicians deciding the fate of more than 200M people.
Still the people are not wise.
If the mass co-operate to use the old note till the new ones circulate, the govt can't do nothing about it.

4 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Jack500: 7:39pm On Feb 10, 2023
Buddha3:


I didn't realise anything.. grin.

I had no business stepping anywhere close to any bank's premises.

Then you don't have knowledge of the issue on ground, we are in the street, we know theory, we know practical, you only know theory

2 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by otokx(m): 7:42pm On Feb 10, 2023
The bank will have its own currency whereas the people will have their own currency.

5 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by quinox947: 7:43pm On Feb 10, 2023
AsomughaChuks05:
People are still c9llecting the old notes as of this afternoon that I went to the restaurant. If the people cooperate, there is little the CBN can do until they mop up the old notes completely. If the commercial banks don't collect the old note(which is doubtful), they risk going bankrupt if customers decide to start keeping their cash at home.
Not as easy as that. What if robbers now take advantage of ignoring the banks?
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by EmmaLege: 7:44pm On Feb 10, 2023
Naija way 😁
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by shineeye1: 7:47pm On Feb 10, 2023
ChangetheChange:


https://gazettengr.com/despite-supreme-court-order-stanbic-ibtc-union-bank-others-insist-on-rejecting-old-naira-notes/

What the zombie bankers need is sufficient beating to pulps by the populace. A set of supposed elites who are aware of the supreme court ruling on the matter , to the extent that the AG of the federation declared that the FG is bound to obey, yet the zombie bankers are hell bent on holding the population to ransom. The fury of the masses must be unleashed on them to bring back their demented senses back to order.

5 Likes

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Tonytonex(m): 7:48pm On Feb 10, 2023
Googledotcom:
The silence of CBN after the supreme court declaration makes citizens really disturbed. I purposely refused to go out today because of these people.


Anyway, na only 1k dey my wallet, it won't pain me if any nonsense happens tomorrow. After all the money has little value.
people are still collecting the old notes normally. But let me go and buy Hollandia with the last 1k in my wallet.
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by babyfaceafrica: 7:51pm On Feb 10, 2023
Fake news
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by R0LL0N(m): 7:52pm On Feb 10, 2023
Ayamatanga! There is nothing spectacular about being supreme. Supreme has lost its value.
Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by Charly68: 7:52pm On Feb 10, 2023
God punish the wailers ..they too give out old notes so why are they rejecting it ?

1 Like

Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by SenatePresdo(m): 7:53pm On Feb 10, 2023
brightDdon:





Big fat lie,,

I made on the counter deposit of old note today without stress or question.


Stop misinforming people.

Today is the last day, wait until Monday before calling people liars.

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