Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,991,457 members, 7,285,560 topics. Date: Wednesday, 01 February 2023 at 10:13 AM

Issuance Of New Naira Bank Notes- What You Need To Know - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Issuance Of New Naira Bank Notes- What You Need To Know (394 Views)

Atiku: Obasanjo's Face Should Be On The New Naira Notes / How Redesigned New Naira Notes Will Favour Peter Obi In 2023 By Charles Novia / Oyo Approves Issuance Of ₦100B Bond For Iseyin-Ogbomoso Road, Ibadan Airport (2) (3) (4)

(1) (Reply) (Go Down)

Issuance Of New Naira Bank Notes- What You Need To Know by cremedelacreme: 3:34pm On Oct 31, 2022
The Central Bank of Nigeria (CBN) has announced its plan to redesign and circulate a new series of banknotes - N200, N500, and N1,000 - starting December 15th, 2022.

Existing banknotes for these denominations will remain legal until January 31st, 2023.


What does this mean for Bank customers?
• Customers can start depositing existing naira notes into their Bank accounts to enable them to withdraw the new notes when they are in circulation.
• Bank charges for cash deposits only are now suspended immediately.
• Customers will no longer spend the existing banknotes (N200, N500, and N1000) come February 1st, 2023.

Re: Issuance Of New Naira Bank Notes- What You Need To Know by SensetionalGoal(m): 4:07pm On Oct 31, 2022
But how does this contribute meaningfully to average Nigerians undecided

.
Re: Issuance Of New Naira Bank Notes- What You Need To Know by Deprofessional(m): 4:41pm On Oct 31, 2022
SensetionalGoal:
But how does this contribute meaningfully to average Nigerians undecided

.

stupid question.

how does the old note contribute meaningfully to average nigerians?
Re: Issuance Of New Naira Bank Notes- What You Need To Know by SensetionalGoal(m): 5:05pm On Oct 31, 2022
Deprofessional:


stupid question.

how does the old note contribute meaningfully to average nigerians?



I'm not against the policy bro, but the timing is wrong naa...
Re: Issuance Of New Naira Bank Notes- What You Need To Know by cremedelacreme: 6:18pm On Oct 31, 2022
I think the timing is OK considering the fact that many politicians must have stashed billions of naira for next year's election.

(1) (Reply)

Flooding: Bayelsa Not Among 10 Worst-hit States, Jigawa Is Number 1, / Dividing Nigeria / O Suwa: PDP Begins Campaign Of Calumny Against Kwara Civil Servants, Holds Rally

(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 - 2023 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.