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Nairaland Forum / Nairaland / General / Politics / Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 (17727 Views)
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Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by EnterpriseMan: 10:05am On Jan 25, 2023 |
sketcherJ:Your generation is brainless if you can't speak out when a cashier gives you old note, then don't speak out when you can't use your stock of old notes anymore. slowpoke |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by blowjohn(m): 10:05am On Jan 25, 2023 |
For 6 months? Haba naw. I tot they'll say like 2 weeks |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by blowjohn(m): 10:08am On Jan 25, 2023 |
stallionng: Inshort, no free warehouse money for the wicked |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Ikaeniyan0: 10:08am On Jan 25, 2023 |
iLoveYouToo:You have not been able to tell me how extending the deadline would not let the CBN achieve its aim. If you're ask this in an exam hall or an interview, and you keep on giving replies that do not make sense, you would have been disqualified. I asked you a simple question, I expect you to tell me why the deadline should not be extended even though the new money have not circulated yet and there will be scarcity of Naira notes starting from February 1. How will extension of the deadline ruin the CBN Policy? |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by EnterpriseMan: 10:09am On Jan 25, 2023 |
elpochas:Yes they did, CBN has made the new notes available and have even warned that any bank reported still paying out old notes will be fined. The Banks have New notes so don't blame it on CBN. The lack of distribution is from your local bank and from us still accepting it from banks. Like i said in my previous comment, i made a withdrawal over the counter and old notes were presented to me which i refused. The cashier went in and brought out new notes. And i understand from your prospective, but the deadline needs to stay or the point of the printing of new notes will become useless. The currency needs to be in circulation not being horded by thieves which is why the withdraw limits and currency change was implemented. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Ayodeoba: 10:09am On Jan 25, 2023 |
Imustreturn:it’s very obvious you don’t have a business you running 2 Likes |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Ayodeoba: 10:13am On Jan 25, 2023 |
Angelfrost:lol you guys just continue talking like ignoramus! Yes the deadline was given since last year, but since then till now,no replacement for it, or you expect to dump the old notes in the bank and close my business down since then? 1 Like |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by victooman: 10:19am On Jan 25, 2023 |
okpanachil:the withdrawal limit per account is 500k a week the money in circulation is not even upto 20k per person,,, let them kukuma eradicate the paper money and focus on e-transactions instead of this deceit |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by udeh3(m): 10:20am On Jan 25, 2023 |
Best CBN decision of the century |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Ayodeoba: 10:21am On Jan 25, 2023 |
EnterpriseMan:you guys will just open mouth and start spitting rubbish out of your mouths, so if you are a business person that has a lucrative business, you would have since close down your business and deposits your old notes without replacement with the new notes? I still went to the bank yesterday,out of the 500k I took,it’s only 10k that is new note. 1 Like |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Angelfrost(m): 10:25am On Jan 25, 2023 |
Ayodeoba: Maybe you are quoting the wrong person here. I don't live a life laden with excuses...! CBN has a lot of issues, but so do the banks. Most banks have not done their part in ensuring a smooth transition into the new currency. Why have senate kept mute since then?!!! If all hands were on deck, the transition would have been faster. Let's even face it... Even if you give till December this year, the issues will remain! |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Spiritmask: 10:32am On Jan 25, 2023 |
For now, e-naira is the best cashless form of transaction for petty business. No bank charge no matter the amount of transaction in a day. No ATM charges. Fast transaction process. You can customize the amount you want to receive. Easy to use and navigate. Easy to deposit the money to your bank account. You can pay your bus fare of as low as N1 without charges or buy your N10 pepper without charges unlike in using bank app. No looking for change. Having an account with CBN. Can be use to pay bus fare easily. Instant payment verification. Use of bar code to facilitate payment. and more benefits I did not list. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Ayodeoba: 10:34am On Jan 25, 2023 |
Angelfrost:it still boils down to the inefficiency of cbn, banks are within the control of cbn, why not compel them since to take the new notes? And besides,the new naira notes was just lunch in this January, I went to the bank yesterday to deposit the old notes with the hope of getting the new notes, to my surprise I was given back the old notes,I was just laughing at myself to waste such precious time. See it’s either it’s extended if not, Nigeria economy may be grounded |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by EnterpriseMan: 10:35am On Jan 25, 2023 |
Ayodeoba:And i went to the bank on monday and took out 300k all new notes after rejecting the old ones. If they gave you old notes and you couldn't tell them you're not accepting it then that's your cup of tea. And i run a lucrative business and i already run on new notes. And 80% of business runs on transfers and POS except you're a market trader. So what's your point |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by ifihearam: 10:39am On Jan 25, 2023 |
A quick painful reminder...for you to be president, you must have the highest number of voted and have a minimun of 25% of 24 states including FCT.. Do you really think your candidate can pull this off? hopes and faith dont win election, its all about practical reality. If Tinubu a muslim is rejected in the North one wonders why an Igbo man has hope grin grin grin grin grin Come rain or sunlight, atiku is the next president. He is the only one acceptable in all geo political zones. If care is not taken Atiku and Bat might get higher votes that obi in SE. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by victooman: 10:45am On Jan 25, 2023 |
Spiritmask:1)please does the e naira uses network? 2) can l download e naira on my itel or nokia small touch phones? 3) does all the people in the thick villages and the mam selling tomatoes and akara in my street have this e naira app? 4) if e naira uses network hope all the villages and every nook and cranny of this country have those networks? if your answer is No to all this question please shut up ur mouth!! Nigeria did not start and ends in Abuja and Lagos,,, please some of u supporting this bullshit should travel most of you haven't travel out of ur cities since u were born,, so it is easy to come online and type trash,, ask ur parents 90 percent of food u buy from the market were are they coming from,, try and follow them to those villages and try using ur e- naira to pay for those commodities. 2 Likes |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by iLoveYouToo(m): 10:54am On Jan 25, 2023 |
Ikaeniyan0: You’d have asked me what CBN hopes to achieve. I answered you believing you had idea, obviously you don’t. If you ask nicely maybe I’ll answer you reasonably |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by millionboi2: 10:55am On Jan 25, 2023 |
OptimistBrain:who told you,if thy need new naira notes,banks will take it to dial house. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by MoneyMustBMade(m): 10:57am On Jan 25, 2023 |
So you will use your old stolen fund to buy vote right? Apc fear God.. after buying people coming for rally, you're still preparing to buy the poor man's right with money, very bad |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by millionboi2: 11:02am On Jan 25, 2023 |
EnterpriseMan:thy have no choice than to extend it,the new note is not available yet. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by millionboi2: 11:08am On Jan 25, 2023 |
gfelo:you are not a business man,datz y u are saying this 1 Like |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by OptimistBrain: 11:21am On Jan 25, 2023 |
millionboi2:Sure they will take it to their door steps, but such new notes will never be enough to bribe electorates. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Tunagee(m): 11:37am On Jan 25, 2023 |
OptimistBrain: Hahahaha |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Misterone: 11:50am On Jan 25, 2023 |
Najyin:if there's no extension, there will be riots on the streets by the 2nd or 3rd because it is no ones fault holding old notes and no one will like his/her hard earned cash to go to waste just because of someone else's incompetence. As we speak, ATMs are still dispensing old notes 2 Likes |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by elpochas: 11:59am On Jan 25, 2023 |
shuttox:Reduce the anger abeg.I Sabi say everybody is angry. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by elpochas: 12:03pm On Jan 25, 2023 |
EnterpriseMan:I get ur points,bt if Atm shud be pay me old notes,I shud also reject it?so most of us dat uses just ATM for withdrawal wot shud we do? |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Ikaeniyan0: 12:29pm On Jan 25, 2023 |
iLoveYouToo:Lol I was not rude to you while asking. Point at the rude words I use so I will apologize. You said an extension will not let CBN to achieve its aim I know what CBN hopes to achieve by introducing new notes and I know extending the deadline won't stop them from achieving there aims and objectives. There might be something you know that I do not. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Ayodeoba: 12:30pm On Jan 25, 2023 |
EnterpriseMan:lol liar, oya tell me the branch of the bank you went to. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Flows001(m): 12:49pm On Jan 25, 2023 |
AbdulAffiliate:So person go cough out that amount just to sleep in the night?😲😯 This amount pass many people yearly rent ooo.. This life no fucking balance at all!! |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Nobody: 12:57pm On Jan 25, 2023 |
kingjoe:Not false bro... Customers still gave me the old N100 note last week.. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by okpanachil: 1:31pm On Jan 25, 2023 |
victooman: Now think about it, assuming but not conceding what you just said,does everybody need 20k cash in their wallet per time? The cash transactions for which you re reserving the 20k can they not be done via e-channels. I know there are bottle necks around it, but they are not insurmountable. No serious economy manages / handles cash the way Nigerians do. |
Re: Senate To CBN: Extend Deadline For The Exchange Of Old Naira Notes Till July 31 by Sleekfingers: 1:54pm On Jan 25, 2023 |
[quote author=NaijaBookings post=120353034][/quote] They shouldn't extend it ooooooo..... |
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