Itsrm:


Cash is not returning to banks. Filling stations, supermarkets, market women e.t.c all sell money to people doing POS. Those doing POS in turn sell to the average Joe on the street.

Itsrm:


Cash is not returning to banks. Filling stations, supermarkets, market women e.t.c all sell money to people doing POS. Those doing POS in turn sell to the average Joe on the street.

Ibime:


Ahn, ( got it now. So the banks are no longer the traditional recirculators of cash

I guess CBN now needs to increase their percentage of physical cash compared to digital cash to rectify the situation.

Itsrm:


Cash is not returning to banks. Filling stations, supermarkets, market women e.t.c all sell money to people doing POS. Those doing POS in turn sell to the average Joe on the street.

GrammarNazi1:

I know some POS operators and they all get cash from banks.

Since the cash scarcity, they spend up to 8 hours each day going from one bank to another in search of cash.

Where the cash is, in particular, is still a mystery to me.

BlueRayDick:


Banks have even stopped loading cash in ATM’s and on counter they will only give 20k. I was in the banking hall today and na only N20k dem dey give for counter .

No Emefiele to blame this time .

Itsrm:


Shey it's money they have they will give na. I can assure you they don't have. At least, the ones here in PH. Madam was even telling me any armed robber who comes to attack her branch is wasting his time because they don't have money.

Imagine a branch that gets more than 20m weekly before now struggling to even see 2m.

BlueRayDick:


I wonder why CBN has not said/done anything about it yet.

Theflint1:
Nairaland is bankable, I tackled it's UX strategy when you brought Reddit into the discourse. Nairaland is boss in Nigeria, and I think the reason was because it did the simple things well at the beginning and it has continued to enjoy first movers advantage, doesn't mean it's user experience is quite what it should be well over a decade later.

Trevor012:

They one follow owners of the religion dey argue

DissTroy:


Oddly, they do not realize Nairaland going down is Nigeria's loss. For all of its flaws, Nairaland is Nigeria's oldest and richest digital library. 18 years worth of everything Nigeria and Nigerian. The closest is allafrica.com but it's less than 1/5000 of Nairaland.

Take Nairaland down and the ChatGPT they so enjoy would return half-baked results on Nigerian issues and topics, for example.

BlueRayDick:


I have livescore app installed on my phone and I put Arsenal as faviorite. They always notify me 1 hour before the game about lineups, 15 minutes to kickoff they remind me and when the match starts they notify me. When goals are scored, red cards issued , halftime and fulltime I get notified.

You can do same for Chelsea; It's just with the form chelsea dey u fit vex delete the app after chelsea lose 2-3 matches

FakeNEWSevryday:
I have used the app before, as you pointed out, but the alert is more of a joy killer rather than helpful, and besides it tends to be quite hypertensive when you hear the beep, as the alert appears approximately 3 to 5 seconds faster than the actual video I am watching.🤣🤣🤣

Ibime:
Can anyone explain how there is cash scarcity in Nigeria?

With old notes plus new notes in circulation, one would think there is enough physical cash to go round

Or were all the old notes that were returned to CBN burned or something?

BlueRayDick:
Iamoyindamola How much is the subscription for Amazon Prime video per month and hope it doesn't have any limitations as to use?

Hope it allows for downloading videos to watch offline later like Netflix?

E be like say na there better films dey now.

BlueRayDick:
Iamoyindamola How much is the subscription for Amazon Prime video per month and hope it doesn't have any limitations as to use?

Hope it allows for downloading videos to watch offline later like Netflix?

E be like say na there better films dey now.

Ibime:
Looks like Fubara sold all his rights just for the right not to be impeached

Las Las, man is only fighting for his right to be Governor and access to the State funds

GloriousGbola:


As an aside Nairaland was reported for 'abuse'

Unfortunately in western parlance that could be anything

I was once banned on twitter for celebrating a criminal being beaten up.

Do you remember when adsense said nairaland was like a porn website

This was when Seun introduced all those hilarious censors

Love vendor, heavenly feeling, etal

Those were fun times deciphering mangled posts

raumdeuter:
Now with this tsunami now, wont we have to send a find and rescue mission out to find our blue ink condom busta Izzou nwanne

Lol

I already got used to the disappearance

FakeNEWSevryday:
I have used the app before, as you pointed out, but the alert is more of a joy killer rather than helpful, and besides it tends to be quite hypertensive when you hear the beep, as the alert appears approximately 3 to 5 seconds faster than the actual video I am watching.🤣🤣🤣

Leyqute:


Mention the better films please.

They always give the first month free. You can do the sub and then cancel a few days before it ends.

raumdeuter:


I still think there are many subplots and twists coming.

For now with the current resolution seems Wike is at an advantage but the longer Fubara stays the more power he gets

And how do they maintain peace with the mutual suspicion in the house. An APC dominated house with a PDP governor

So assuming the governor actually does an impeachable act the house can't still impeach him because of the order from Abuja

MorataFC:
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More than thirty movies are added daily, bolywood, nollywood, Hollywood etc.
Grab your copies

Ibime:


Why are they hoarding and what for?

iamoyindamola:

From what I understand they are trying to avoid what happened early this year and people are reducing bank charges on deposit

raumdeuter:


I still think there are many subplots and twists coming.

For now with the current resolution seems Wike is at an advantage but the longer Fubara stays the more power he gets

And how do they maintain peace with the mutual suspicion in the house. An APC dominated house with a PDP governor

So assuming the governor actually does an impeachable act the house can't still impeach him because of the order from Abuja

obainojazz:
I see some positives with the cash scarcity…. Every business I entered now have a POS machine.
The new norm is now to pay with your ATM card… you mostly need cash for transportation.

iamoyindamola:

Exactly na why the thing no too touch me
Even for transport I can load the cowry app online and scan with my phone for payment
Some danfo drivers that had pos during scarcity are back with their pos too
The people you might be needing cash to buy from are the pepper and meat sellers

iamoyindamola:

Exactly na why the thing no too touch me
Even for transport I can load the cowry app online and scan with my phone for payment
Some danfo drivers that had pos during scarcity are back with their pos too
The people you might be needing cash to buy from are the pepper and meat sellers

BlueRayDick:


U can even do meat sharing and pay via transfer online . Meat sharing online is even cheaper than buying from Jelili Alapata

obainojazz:
Oh that makes sense then…. Pepper and meat sellers won’t see me anyways.
We going cashless by force finally

Itzlinda:


Nothing like cash scarcity in the North tho