Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,163,377 members, 7,853,680 topics. Date: Friday, 07 June 2024 at 09:31 PM

CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes (14489 Views)

5 Banks In Nigeria With High Savings Interest Rates Account / Students Shut Down Shoprite In Ogun Over Xenophobia In South Africa / 100 Naira Denomination In Circulation Are Worn Out. Who Else Has Noticed This? (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by sofiscatedmoron: 7:19am On Jan 27, 2023
grin
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by micki1: 7:22am On Jan 27, 2023
Banks in Lagos are still brazenly dishing out old dirty notes.

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Hopium: 7:23am On Jan 27, 2023
jasent:
They said this move will affect tinubu presidential bid. Shey others don't need money to campaign?

Mumu too plenty for this country. Like say the man can't get access to the new notes if it's available. grin

Hopium:
No amount of PR will save CBN from the impeding embarrassment and disgrace.

4 days until the deadline and they can only pinpoint one state chapter for doing well with the swaps.

Emefiele will postpone the deadline - there's no argument about that.

The exact thing India did that almost crippled their economy is what the CBN is doing but Nigerians being myopic and semi-learned thought it's worth destroying the economy and getting pushed further down the socio-economic hierarchy as a reward for waging some delusional electoral war on one man.

https://economictimes.indiatimes.com/news/economy/policy/how-indias-failed-note-ban-move-taught-the-world-what-not-to-do/articleshow/60457625.cms

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Doyou2019: 7:24am On Jan 27, 2023
micki1:
Banks in Lagos are still brazenly dishing out old dirty notes.

Sango Ota ATMs and POS guys no get the new notes o. No let CBN fool you with fake news and press releases.
It's just as bad in Ogun as it is in Lagos.

2 Likes 1 Share

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by MasterShifu010(m): 7:26am On Jan 27, 2023
Hopium:
No amount of PR will save CBN from the impeding embarrassment and disgrace.

4 days until the deadline and they can only pinpoint one state chapter for doing well with the swaps.

Emefiele will postpone the deadline - there's no argument about that.

The exact thing India did that almost crippled their economy is what the CBN is doing but Nigerians being myopic and semi-learned thought it's worth destroying the economy and getting pushed further down the socio-economic hierarchy as a reward for waging some delusional electoral war on one man.

https://economictimes.indiatimes.com/news/economy/policy/how-indias-failed-note-ban-move-taught-the-world-what-not-to-do/articleshow/60457625.cms

My brother better be safe than sorry. Emefiele does not know who you are, and buhari does not give a hoot , are you willing to risk having old currency at home hoping for an extension ?..
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by blacksam01: 7:29am On Jan 27, 2023
MrOkenwa:
Lies. They are not circulating anything.

a very big lie
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by BRIMBRAM: 7:29am On Jan 27, 2023
emmanuelbrown26:
Interesting days ahead. Good one from Cbn at least it will reduce d stress of queuing in d Bank (if d tori na true).
Why is a particular candidate afraid of BVAS and d new naira redesign? We hv 18 political parties contesting an election but only one has being crying bcs of d BVAS and new naira note.
I thought such a person is a political enigma?
I thought such a candidate is a political lion?
I never knew that an enigma and lion could cry like a new born baby that his mother is denying him of sucking breast.

The remaining 17 are not so intelligent to know. That's why most of the time, those who graduate with first class are always few. Sometimes just one student in a whole class of 18 students while most times none at all. grin.
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by alizma: 7:31am On Jan 27, 2023
If you want to withdraw from any bank ATM, make sure you video it, if the ATM dispense old note, take in to the bank and ask them to change it for you, if they say no, let them know you have a video of the withdrawal and you are sending it to CBN right away. Then go to social media, post it and tag CBN and other people you know that can help push for the circulation of the video till the bank or the branch manager gets appropriate sanction.

3 Likes 1 Share

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by HardMirror(m): 7:32am On Jan 27, 2023
obajoey:


What do you expect from a politically motivated policy, they are beating him to his game
lol. Funny thing be say politicians wont suffer. They would pull all the cash and stock it. Besure they already have billions stocked. On election day they will release some for us. πŸ˜†

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by BreakingNews21: 7:33am On Jan 27, 2023
I don't know why Bloomberg News invests so much time and print into Naija's internal currency and financial affairs.

Bloomberg
Nigeria Sees $4.3 Billion of Cash Returning to Banks on Currency Notes Redesign

Emele Onu
Wed, January 25, 2023

https://news.yahoo.com/nigeria-sees-4-3-billion-170820858.html

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Bigchristo: 7:34am On Jan 27, 2023
shuttox:

https://www.vanguardngr.com/2023/01/cbn-applauds-banks-in-ogun-over-circulation-of-new-naira-notes/
Benin Banks in Edo state are holding the new notes to themselves no cash in all ATM transactions get millions of people frustrated with queue of getting cash that’s wickedness

They did something very painful to me yesterday at Polaris Bank in ring road their bank staff will load just 400k on the two ATM 🏧 they will signal their own staff working since to come with ATM n collect it the money while the long queue left frustrated CBN should warn those people to release new notes instead of holding it.

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by obajoey(m): 7:37am On Jan 27, 2023
naso bro.

HardMirror:
lol. Funny thing be say politicians wont suffer. They would pull all the cash and stock it. Besure they already have billions stocked. On election day they will release some for us. πŸ˜†
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by experience16: 7:39am On Jan 27, 2023
MrOkenwa:
Lies. They are not circulating anything.
The ATM machines in Ikeja,have new Note,but you will see one person with 10 ATM cards withdrawing more than N100,000 per card. I thought bank has pegged the maximum withdrawal per card to N20,000 per day. People are withdrawing more than N100,000 per day. CBN should act fast because Nigerians have started hoarding the new notes instead of spending them

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by SIRKAY98(m): 7:44am On Jan 27, 2023
Another reason why most banks are yet to implement this is that, they need to carry thesame eqivalent amount of outgoing naira notes that they have in the branch e.g 20million to CBN wnd CBN have to coubt the money,before giving them the new note equivalency,

Now, they are busy in CBN when they gets there they spend the whole day without gwtting he money becuase other bank have brought there own 100million or 500million for exchange for new note. So it become another log of delay.

I think they should allocate more time for things to ge back to normal.
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Lekan239(m): 7:46am On Jan 27, 2023
GardenOfGod:
Tinubu the drug lord will cry foul as his looted/stolen drug money/Lagos State funds will be useless by 31st January. Blaming Bubu is like pouring water on top fowl. grin
Bubu is deaf and dumb to his cry. grin grin grin grin grin grin πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚
All ur problems is Tinubu. This news u comment under state Ogun, and Ogun is one of Tinubu's stronghold yet they are circulating the new naira note. What happen to the 5 Eastern state and other Geo political Zone not circulating the note. Or they will carry new note from Imo to Lagos for Tinubu. Why not just reason and use ur brain for once

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by emmanuelbrown26: 7:51am On Jan 27, 2023
BRIMBRAM:


The remaining 17 are not so intelligent to know. That's why most of the time, those who graduate with first class are always few. Sometimes just one student in a whole class of 18 students while most times none at all. grin.
D only one that knows out of d 18 happens to be d most foolish and sick amongst d rest. Is it somebody that d wife changes his pampers on daily bases?
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by maasoap(m): 7:51am On Jan 27, 2023
emmanuelbrown26:
Interesting days ahead. Good one from Cbn at least it will reduce d stress of queuing in d Bank (if d tori na true).
Why is a particular candidate afraid of BVAS and d new naira redesign? We hv 18 political parties contesting an election but only one has being crying bcs of d BVAS and new naira note.
I thought such a person is a political enigma?
I thought such a candidate is a political lion?
I never knew that an enigma and lion could cry like a new born baby that his mother is denying him of sucking breast.

Continue wailing and ranting. I don't even think that particular candidate is experiencing what the masses like you are facing right now and that will be worse by Monday next week. No new notes.
That particular candidate talked about the fuel scarcity too, I don't think that affects you too. It will soon clear to you that this sabotage affects you more than that particular candidate

3 Likes

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by BRIMBRAM: 7:55am On Jan 27, 2023
emmanuelbrown26:

D only one that knows out of d 18 happens to be d most foolish and sick amongst d rest. Is it somebody that d wife changes his pampers on daily bases?

Take it easy. Your envy will give you heart attack.
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Tsolutionjoseph: 7:56am On Jan 27, 2023
GardenOfGod:
Tinubu the drug lord will cry foul as his looted/stolen drug money/Lagos State funds will be useless by 31st January. Blaming Bubu is like pouring water on top fowl. grin
Bubu is deaf and dumb to his cry. grin grin grin grin grin grin πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚
Leave Tinubu out of your travail, Let's pray for good leader, I believe Tinubu is the best for this country, you believe Peter Obi. Peter obi, can't control this country madness, as much as I want Tinubu or Obi, from south, I know Peter obi can never win, if Tinubu fails, Atiku wins
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by BRIMBRAM: 7:56am On Jan 27, 2023
maasoap:


Continue wailing and ranting. I don't even think that particular is experiencing what the masses like you are facing right now and that will be worse by Monday next week. No new notes.
That particular candidate talked about the fuel scarcity too, I don't think that affects you too. It will soon clear to you that this sabotage affects you more than that particular candidate

How do you expect a third class to have sense. grin

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by emmanuelbrown26: 7:58am On Jan 27, 2023
BRIMBRAM:


The remaining 17 are not so intelligent to know. That's why most of the time, those who graduate with first class are always few. Sometimes just one student in a whole class of 18 students while most times none at all. grin.
Dis urgent 5k guys better get a life, no more giveaway 5k for u
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Tsolutionjoseph: 7:59am On Jan 27, 2023
maasoap:


Continue wailing and ranting. I don't even think that particular is experiencing what the masses like you are facing right now and that will be worse by Monday next week. No new notes.
That particular candidate talked about the fuel scarcity too, I don't think that affects you too. It will soon clear to you that this sabotage affects you more than that particular candidate
I don't know why so much hatred for Tinubu, vote your candidate in peace, Tinubu never rule this country, so not to blame for anything

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by SheikhMuniru(m): 8:02am On Jan 27, 2023
ZENITH Bank at Oke-Ilewo too stubborn, they are not giving New notes
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Nobody: 8:03am On Jan 27, 2023
MrOkenwa:
Lies. They are not circulating anything.

Firstly, why bringing out CBN money swap Status Report on Ogun State? Why bringing out the Cash Swap which cannot meet January 31 deadline report from Abeokuta?

The IBO traders at Mowe, Ogun State, have they swapped their old currencies? Why now bringing Abeokuta CBN report?

On Monday, at Redemption Camp, I spent four hours to withdraw 20K from ATM after I have tried 6 Banks.

The discussions at the vendor stand at Redemption Camp Gate beside Conoil on Monday morning about the state of Nation and why majority of people may not vote the incumbent Party (APC) is just what Tinubu vented out at Abeokuta on Wednesday. On that Monday, I was at the Redemption Camp in front of House of Favour (Ogun Province 4) hearing people complaining bitterly about the State of the Nation. We were there when we got information that they brought oil (PMS) to the AP filling station opposite Redemption Camp Conoil . People started rushing with kegs to buy fuel because of scarcity. Somebody asked a question if Osinbajo was not aware of all these crisis.

I was at Sagamu on Sunday, the complaints against APC government were very acidic, it will take a miracle for APC to win in those areas.

Why bringing CBN performance at Abeokuta, Ogun State now when we have CBN in the 36 States of Nigeria?

2 Likes

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by maasoap(m): 8:07am On Jan 27, 2023
Tsolutionjoseph:
I don't know why so much hatred for Tinubu, vote your candidate in peace, Tinubu never rule this country, so not to blame for anything

I tire for dem o. They think Emefiele is working for Obi grin grin grin

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by CallmeTrinity: 8:10am On Jan 27, 2023
When skull mining is yeildimg it's fruits there...
🀣🀣🀣🀣🀣🀣🀣🀣🀣🀣🀣
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Pharaohny: 8:11am On Jan 27, 2023
Cashless policy on the rise , Danfo and all motorcyclist must accept transfer by force ☺️
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by Nobody: 8:13am On Jan 27, 2023
Ameko4ever:
No circulation here in Akwa Ibom State. This morning, I've gone to like 5 ATMs with different banks, unable to dispense cash. It is annoying.

My brother, forget the Abeokuta, Ogun State News, it is the same in Ogun State as it is in your Akwa Ibom State. Why are they now bringing Abeokuta news when CBN is in every state of the federation?

I don't blame them. The problems on the ground are created by Ayo Adebanjo, Doyin Okupe and Obasanjo out of hatred, bitterness and jealousy. These have been a long time problem in the Yoruba land which predated Awolowo but were not taken serious. Awolowo was a victim, followed by MKO Abiola. Tinubu will never be allowed to pass through this experience. Yinka Odumakin between 2012 to 2014 as a young man following Afenifere as spokesman fought with all his might against Tinubu, later died. Ayo Adebanjo revealed he had been sick for a long time but unknown to people. It was Tinubu that financed his medical bill to India and settled the bill at the beginning of the sickness. All the years he labored for Jonathan with Afenifere, he cannot go abroad for proper treatment. Jonathan lost election, he cannot approach Tinubu for assistance, he died.

I am very sure Adebanjo, Okupe and Obasanjo cannot escape. Any of them that escapes only transfer the judgment to their children.

A government where 5 days to the expiration of currency change, 90% of rural dwellers are yet to see the new notes. A government where the Minister of Finance briefed FEC that she was not briefed by CBN governor about Naira redesign and only got to know through media. A government where CBN governor escaped arrest by DSS and fled abroad and later converted it to Annual leave and overstayed because of DSS and Attorney General.

By January 31, 2023 if the CBN governor or the President extend the deadline for currency swap then they are bunch of cowards and failure. Only fools reason like mad men.

Tinubu is a very intelligent and courageous man. We stand by him and we are proud of him

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by emmanuelbrown26: 8:14am On Jan 27, 2023
BRIMBRAM:


Take it easy. Your envy will give you heart attack.

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by emmanuelbrown26: 8:15am On Jan 27, 2023
maasoap:


Continue wailing and ranting. I don't even think that particular is experiencing what the masses like you are facing right now and that will be worse by Monday next week. No new notes.
That particular candidate talked about the fuel scarcity too, I don't think that affects you too. It will soon clear to you that this sabotage affects you more than that particular candidate
As a sensible son of d soul, lion no fit chop grasses. Keep crying brother. I dun already pack d new naira notes keep, if naija wna burn Mak en burn to ashes
Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by eedriyz(m): 8:23am On Jan 27, 2023
Mubby4luv:
Let the people of Ogun confirm for us first. Because for where I de everywhere done red

Where is the money ?

1 Like

Re: CBN Applauds Banks In Ogun Over Circulation Of New Naira Notes by OkoRemi2023(m): 8:30am On Jan 27, 2023
GardenOfGod:
Tinubu the drug lord will cry foul as his looted/stolen drug money/Lagos State funds will be useless by 31st January. Blaming Bubu is like pouring water on top fowl. grin
Bubu is deaf and dumb to his cry. grin grin grin grin grin grin πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚


Tinubu is more concerned of Nigerians people using the frustration of getting the naira note on the ruling party at the poll



if you think, Tinubu, Atiku, Peter Obi will struggle to have the new naira notes in millions then you're the dumb one here



these three contenders are billionaire, they've dollars acct, level up with your low IQ

(1) (2) (3) (Reply)

CBN’s Supply Ban Won’t Affect Us - BDCs / Banks’ Profits Rise Despite Recession / My Journey To The Kindle World

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 62
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.