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Widespread Cash Supply Shortage Persists In Banks - Business (3) - Nairaland

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Banks Push Out Dirty, Mutilated Notes As New Naira Scarcity Persists / Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists / Nigerians Lament Bank App Crashes As Transaction Failure Persists (2) (3) (4)

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Re: Widespread Cash Supply Shortage Persists In Banks by NairaMaster1(m): 7:04pm On Jan 04, 2022
[quote author= post=109080426][/quote]

Blame game.
Re: Widespread Cash Supply Shortage Persists In Banks by hope4nigeria(m): 7:05pm On Jan 04, 2022
post=109080390:

They should fixed whatever is the problem between now and January 15th,
Or else..........
or else what? Buhari go borrow loan!

1 Like 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by MT: 7:08pm On Jan 04, 2022
FarahAideed:
Buhari had the worst performance any president on earth and the entire galaxy in the last 7 years !!!!!!! No leadership can be worse than this ..

Don't be an ignoramus. It happens in the western world as well.
Re: Widespread Cash Supply Shortage Persists In Banks by Olam09(m): 7:13pm On Jan 04, 2022
iwaeda:


https://www.vanguardngr.com/2022/01/widespread-cash-supply-shortage-persists-in-banks/

Why don't you make use of internet or ussd banking?? But we no experience cash shortage here sha.
Re: Widespread Cash Supply Shortage Persists In Banks by FRANKOSKI(m): 7:13pm On Jan 04, 2022
Another name for Nigeria is wahalaria

1 Like

Re: Widespread Cash Supply Shortage Persists In Banks by bami88: 7:14pm On Jan 04, 2022
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Re: Widespread Cash Supply Shortage Persists In Banks by Joeyfizzo: 7:18pm On Jan 04, 2022
They are selling it to POS vendors

2 Likes 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by Munzy14(m): 7:21pm On Jan 04, 2022
Edoziesmart:

So all the things you are buying you use mobile banking?
Don't come and sound itk for here please.

No matter how cashless they told us to go, you must surely have fiat in hand to pay for products and services
Someone above said he/she went to withdraw 500k OTC...Like in this age??

Transaction above 20k I won't give you cash...If you don't accept transfer or card payment, It is Aurevoir!.
So is it 19k that will make me stand on a long bank queue while observing the Covid stuffs associated with bank? Not me...POS agent must chop small...After all we rise by lifting others.

Time is money...It takes deeper reasoning to understand that.

Throughout 2021 I made use of ATM withdrawal twice...One around Easter and sometimes in August...I even made a post about that on whatsaap, and my friends laughed over it.

Some bank apps even permits upto 5million naira per day.

4 Likes 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by alabi484(m): 7:24pm On Jan 04, 2022
Vinnie2000:



Some of dem struggle to get money from the banks too!.. sad

God bless you jare

I know how much I suffer everyday to squeeze out cash to run business daily since last month, it's not even funny anymore.

Gtb is the most disgusting of them

5 Likes 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by njelrapheal: 7:24pm On Jan 04, 2022
Who give cbn money to print money. Fg is broke
Re: Widespread Cash Supply Shortage Persists In Banks by talk2maurice(m): 7:26pm On Jan 04, 2022
Those people frustrated me Sha but God pass them.
Re: Widespread Cash Supply Shortage Persists In Banks by Nobody: 7:26pm On Jan 04, 2022
Maybe cbn is trying to force eNaira on us.
Re: Widespread Cash Supply Shortage Persists In Banks by EdoBoy90(m): 7:29pm On Jan 04, 2022
God make a way for me let me escape.
Re: Widespread Cash Supply Shortage Persists In Banks by andyanders: 7:30pm On Jan 04, 2022
When you have an incompetent apex bank governor and corrupt leaders, this is the result you get.

How can the cbn managers explain this rot.

Our leaders don't keep naira with them, rather, they keep the money they have looted in hard currencies and exchange the daily cash they needed in black market.

1 Like

Re: Widespread Cash Supply Shortage Persists In Banks by dazzlingd(m): 7:30pm On Jan 04, 2022
We can do without large cash transactions.
What exactly do we need cash for?
When talking of cash I'm not speaking of 100k or 50k
I'm talking of 1Million 500k and all

2 Likes 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by dazzlingd(m): 7:31pm On Jan 04, 2022
Joeyfizzo:
They are selling it to POS vendors

What's your proof
Re: Widespread Cash Supply Shortage Persists In Banks by dazzlingd(m): 7:33pm On Jan 04, 2022
iwaeda:
First time in my adult life, First Bank couldn't pay 500k across counter grin grin grin
Please aside running a pos business, what do u need cash of 500k for?

2 Likes 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by RodgersAkpafu: 7:38pm On Jan 04, 2022
EdoBoy90:
God make a way for me let me escape.
Escape to......
Re: Widespread Cash Supply Shortage Persists In Banks by abbasajao(m): 7:40pm On Jan 04, 2022
Àbí our politicians have started saving for election 2023.
Re: Widespread Cash Supply Shortage Persists In Banks by MoneyGoDrop: 8:00pm On Jan 04, 2022
It's obvious they're working with the POS operators. Nothing will surprise in Nigeria again. We are really fantastically corrupt.

1 Like 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by chloride6: 8:07pm On Jan 04, 2022
What does anyone need 100k cash for?

Except to spray in Owanbe..

1 Like 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by crazygod(m): 8:11pm On Jan 04, 2022
[quote author= post=109080426][/quote]
And how much trillions has your darling bubu borrowed since 2015? You still carry zombiesm into 2022.
Re: Widespread Cash Supply Shortage Persists In Banks by NGArmyTerrorist: 8:15pm On Jan 04, 2022
1. The Zoo is collapsing fastly
2. Bankers are wicked sect of people in the Zoo
3. The same bankers had boys/girls running POS business for them
3. The Zoo Central Bank Governor is just as dumb as their TERROIST president.

4. So much wickedness against people that voted this Satanic govt; what had their supporters benefitted; nothing except hunger, gnashing of teeth, death, sorrow, wrinkled face and body.. grin

Enjoy your Change and NEXT LEVELS !

3 Likes 2 Shares

Re: Widespread Cash Supply Shortage Persists In Banks by anthropizzy(m): 8:15pm On Jan 04, 2022
israelmao:
CBN is confused and directionless with its trial-and-error policies.
I agree with you.
Re: Widespread Cash Supply Shortage Persists In Banks by writeprof(m): 8:28pm On Jan 04, 2022
Ijaya123:
Gtb is the worst, especially on Fridays.

POS operators are also not helping matters. I suspect the banks are conniving with them by supplying them cash. ATM will not have cash but POS always do.
Re: Widespread Cash Supply Shortage Persists In Banks by Easylifelomo(m): 8:31pm On Jan 04, 2022
Is every where o
Re: Widespread Cash Supply Shortage Persists In Banks by Respect55(m): 8:32pm On Jan 04, 2022
Zenithbank has failed to reverse my failed POS TRANSACTION since 24th of December.
Re: Widespread Cash Supply Shortage Persists In Banks by Rahym001(m): 8:33pm On Jan 04, 2022
Emiefele is a disaster
Re: Widespread Cash Supply Shortage Persists In Banks by miraculousGod(m): 8:35pm On Jan 04, 2022
POS operators at work

1 Like 1 Share

Re: Widespread Cash Supply Shortage Persists In Banks by ogododo: 8:42pm On Jan 04, 2022
NobleAngell:
500k? Where are you taking it to? EFCC is coming for you.

grin grin
Re: Widespread Cash Supply Shortage Persists In Banks by ogododo: 8:45pm On Jan 04, 2022
[quote author=Olam09 post=109081459]

D grin grin
Re: Widespread Cash Supply Shortage Persists In Banks by iwaeda: 8:49pm On Jan 04, 2022
dazzlingd:

Please aside running a pos business, what do u need cash of 500k for?

You need cash to settle people.

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