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Nairaland Forum / Nairaland / General / Business / CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes (58444 Views)
We Did Not Authorise Commercial Banks To Collect Old ₦500, ₦1000 Notes - CBN / Video Of Nigerians Arriving CBN Office With Sacks Of Old ₦500 And ₦1,000 Notes / 15-Year-Old ₦500 Note Currently In Circulation (Pictured) (2) (3) (4)
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Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by ppogba: 3:11pm On Feb 17, 2023 |
Confused Bank of Nigeria C B N. 5 Likes 1 Share |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Lilimax(f): 3:12pm On Feb 17, 2023 |
YorubaSamurai:Back to sender 700 times to you and your house |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Roon9(m): 3:12pm On Feb 17, 2023 |
seunmsg: This ode has turned on Buhari just so he could secure his next meal. Just kill yourself dude. This is no way to live 1 Like |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by tinsel: 3:12pm On Feb 17, 2023 |
IamAsiri:Since banks can accept them until Apri, why not? Forget the English they used to save face. 1 Like |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by learnedman(m): 3:12pm On Feb 17, 2023 |
That means they are still legal tender if the banks can collect them !! Naizooria sef 2 Likes |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Biglogo(m): 3:13pm On Feb 17, 2023 |
E never clear finish for their eyes, e remain small. 2 Likes |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Benjamin4388(m): 3:13pm On Feb 17, 2023 |
Buhari4sale:you dey mental lol |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Jflex07(m): 3:13pm On Feb 17, 2023 |
Spherica177:Do you know the stress and the queue inside the bank? You want to keep passing tru such daily? |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by shegra58: 3:13pm On Feb 17, 2023 |
Thewrath:Tinubu don't need old note to buy votes try to wake up A president gave a directive and some governors are giving their own in their different state can't you see the dullard in aso rock already lose value and respect ? They will continue using that old note to buy vote during election and when the idiot leave aso Villa new government will approve it for spending and everything will be back to normal those politicians are already far above Buhari Either he like it or not the dullard and idiot Emefiele is living office in few months 6 Likes 1 Share |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Bluntemperor: 3:14pm On Feb 17, 2023 |
tommy589: Mr Emefiele is trying the Masses anger, for locking down their Money and he started telling' them stories! Why are we like this ,as a Nation? Why can't we be truthful in all we do? Why should the Masses be suffering while the CBN Governor and his entourage are spending New Notes,while even the Old Notes summited by their directives are not replaced immediately with the New ones? Shame! 1 Like |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by newnigerdelta00: 3:14pm On Feb 17, 2023 |
meglith1: Peter Obi God go continue to shame you 3 Likes 1 Share |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Ishilove: 3:14pm On Feb 17, 2023 |
Is there a deadline? Why is everything so lopsided and nonsensical in this country?? |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by MichaelSokoto(m): 3:14pm On Feb 17, 2023 |
Goke7:dey play! ⏯️ |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by baralatie(m): 3:14pm On Feb 17, 2023 |
Biodun556: |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by youngtee5(m): 3:15pm On Feb 17, 2023 |
meglith1:I don’t think this is real, I just check CBN handles and nothing like that is posted on their handle. Anyway all the best |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Ruthless70: 3:15pm On Feb 17, 2023 |
meglith1: May we never experience this confussionist as Cbn gov again 1 Like |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Spherica177: 3:15pm On Feb 17, 2023 |
Jflex07:I don't mind, provided my business is moving 4 Likes |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by tinsel: 3:15pm On Feb 17, 2023 |
Spiritmask:This Nigeria. He can get 10 relations and use them for the deposit. So forget the English. 2 Likes 1 Share |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Adetayo1978(m): 3:15pm On Feb 17, 2023 |
Where are those alleging that APC is the reason for the decisions regarding non collection of the #500 and #1000? Ntoyin! 1 Like |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by BGSM: 3:16pm On Feb 17, 2023 |
Something is definitely wrong with our leadership policy making decision. From the incessant of this decision, people both literates and illiterates have predicted what ll happen and rightly they are happening. From my own view am not against the policy but the implementation time is what am against. This is totally the wrong time, it should have come up 2 years ago or next 1 year to come. I fear for the forthcoming election, due to the confrontation with the security agencies, because the anger of the masses ll not ease till then. God bless Nigeria. 1 Like |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by madridguy(m): 3:16pm On Feb 17, 2023 |
Confused CBN, when people jam pack their server again to generate reference code they will say deposit without reference. Bunch of confused people. 7 Likes 1 Share |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Adetayo1978(m): 3:17pm On Feb 17, 2023 |
[quote author=Spherica177 post=120989353]I don't mind, provided my business is moving Thanks jare, I love your reply. 1 Like |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by adeniyi65(m): 3:17pm On Feb 17, 2023 |
salesbloo:You are the said Clown here. Didn't you read that you have to go through CBN portal? If any of the recent digital identity numbers are ask from you(bvn or nin);the number of times you want to redeem the money will easily appear like a mid-day sun. |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Thewrath(m): 3:17pm On Feb 17, 2023 |
shegra58:if he doesn’t need the old notes,why then are the apc governors worried? Do you know how much old notes was stashed for vote buying? |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by LegendHero(m): 3:17pm On Feb 17, 2023 |
CBN just made a joke of themselves. How many CBN branches do they have in each states that they want those building to be the only point of returning old notes? It is as tho these guys at CBN kept their brain at home before declaring policies. This is exactly why Naira and dollar wahala persists because CBN has been trying trial and error policies for years. 6 Likes 1 Share |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by coldFLARES1(m): 3:17pm On Feb 17, 2023 |
Biodun556:. That's to be expected. Emefiele thinks the CBN would be insulated from chain reaction consequent upon grievances to he and his principal's demonic and utterly sadistic policy? The answer is simple! Make say 50% of mopped up monies available in the redesigned form and good luck with Cashless Banking. You confiscate cash without a care for our small daily transactional needs like food and transport and expect all to be well? Worse still enforce a mindless slashing of daily withdrawal limits? Haba! 3 Likes |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by baralatie(m): 3:17pm On Feb 17, 2023 |
youngtee5:I thought they said cbn portal is down |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by NwokoloOwa: 3:18pm On Feb 17, 2023 |
It clear that the CBN Governor is been remote controlled. There is something abnormal about his actions. He even sounds strange when talking nowadays. Hope some people have not held him hostage blackmailing as he does their bidding. What kind lack of order in all this. |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by rayvelez(m): 3:18pm On Feb 17, 2023 |
seunmsg:See this one of the illetrate agbados urchins dat haven’t done it before, mumu you can only deposit at once... Kindly run back to your WhatsApp group |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by missuzoma: 3:18pm On Feb 17, 2023 |
Key highlights from the Banker's Committee meeting held today on the Naira Redesign 1. The old 200 naira will still be legal till April 10th 2023. 2. The old 200 naira and the new 500 and new 1000 will continue to be in circulation till 10th of April 2023. 3. The old 500 and the 1000 can be deposited into commercial bank just once within the 60days extension. 4. A new App will be developed by CBN to enable customer to make the one off deposit within the extended 60 days. 5. A customer cannot make more than 500k deposit within this period and it cannot be splited. 6. Customer making above 500k will have to visit the CBN. 7. You cannot receive value for the deposit immediately because the money will go to a CBN GL. 8. You can only receive value Upon remittance and confirmation from CBN. 2 Likes |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by inoki247: 3:18pm On Feb 17, 2023 |
XendersPride: Then after being a Nigerian this week you will go back to Biafra Next week after election result.... 3 Likes |
Re: CBN Orders Banks To Collect Old ₦500, ₦1,000 Notes by Thewrath(m): 3:18pm On Feb 17, 2023 |
tolue42:The essence of the money stashed by politicians is for vote buying…cbn know people they are targeting |
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