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Nairaland Forum / Nairaland / General / Business / CBN Bans Over-The-Counter Withdrawal Of New Notes (41338 Views)
Naira Redesign: Old, New Notes Are Legal Tender – CBN Reveals / CBN Tells Banks To Issue New Notes Over The Counter - Chika Mbonu / CBN Bans Dollar Charges On Domestic Transactions (2) (3) (4)
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Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Beno3: 7:35am On Jan 07, 2023 |
A |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Akwamkpuruamu: 7:35am On Jan 07, 2023 |
Hmmm, can this work |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Efuaye(m): 7:38am On Jan 07, 2023 |
Why do we always make things difficult for ourselves? How difficult can it be to make things easy in this country? NIM registration, Voters registration and now collection, problem! 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Moh247: 7:39am On Jan 07, 2023 |
martineverest: You really believe anyone can stop someone with bank CEOs as his friends from making withdrawal?! Emefiele is obviously on to something sinister and bigger than vote buying 3 Likes 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by geezynoni: 7:39am On Jan 07, 2023 |
A Government so confused. 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Nobody: 7:39am On Jan 07, 2023 |
Yet to see a CBN team as confused as Emefiele and co, since the advent of our democracy. This move was clearly a political motive that was promulgated to deter money bags from vote buying in the February elections. Yet, a few days after the release of the new notes, Bola Ahmed Tinubu handed an entire bundle of the new 1000 naira note to an elderly Northern man in the full glare of the watching public and cameras. If Tinubu has enough access to the new notes to dispense more than the ordinary Nigerian's daily withdrawal limit of 100K in the space of 1minute, then the essence of the naira redesign has been defeated. He and other politicians clearly have stacked up their vaults with the new notes already, ahead of the elections. So, in addition to the fact the new notes are the ugliest we have ever had in circulation, the move has been nothing but a display of complete uselessness! 10 Likes 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Littlefingerjp: 7:40am On Jan 07, 2023 |
God1000:Yes and will boom the POS business 2 Likes 2 Shares |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by youngzeal1: 7:41am On Jan 07, 2023 |
Clueless leaders 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Judolisco(m): 7:42am On Jan 07, 2023 |
The most confused government dat has ever ruled Nigeria... Dis is what happens wen the head of state is not aware 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by ChukwukaEze: 7:42am On Jan 07, 2023 |
If the bankers' bank insists on it's january 31st policy, the net outcome would be the very opposite of their hope; purchase of the same item with old notes would become higher for as long as the new notes will be in short supply. 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by funsho75(m): 7:43am On Jan 07, 2023 |
Lol[i][/i] |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by engrfaruq(m): 7:44am On Jan 07, 2023 |
MikeMicheal: They don't want you to get them, they want you to transact cashless. My 20k still dey hang in the air sha since 30th December, from failed POS transaction. 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by morikee: 7:44am On Jan 07, 2023 |
This policy is dead on arrival 2 Likes 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Uzomarrr12345: 7:44am On Jan 07, 2023 |
Moh247:It will be hard for BAT to do vote buying with this CBN policy… Remember vote buying doesn’t start and end in bourdillon alone … these monies needs to get distributed to various wards nationwide…(36 states) And this cannot be done in a short period of time… it takes months For example …If they transfer 5 million naira to me to share to voters in my local govt a day before election, how can I withdraw the money given this CBN policy. |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by udemzyudex(m): 7:45am On Jan 07, 2023 |
I don't think we will meet up with the deadline. 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by engrfaruq(m): 7:47am On Jan 07, 2023 |
Minjim: You dey mind those confused idiots. |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by jaxxy(m): 7:50am On Jan 07, 2023 |
Banks should comply and escalate their issues. 1 Like |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by INTEGRITYA1(m): 7:51am On Jan 07, 2023 |
Is like CBN don't serious at all. as of Friday, the banks had not been able to comply with the directive as they complained of inadequate supply of the new notes, prompting them to load their ATMs with the old notes. 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by alizma: 7:51am On Jan 07, 2023 |
Nigerians are corrupt in almost everything, you won't believe that some bank staffs reserve this new notes for their big customers who in exchange give them grease Thier palm. 4 Likes 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Upworkwriter007(f): 7:51am On Jan 07, 2023 |
AderonkeOlaniyi:Soo, you think he can't access new notes if he wants them? 1 Like |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by okpas01: 7:52am On Jan 07, 2023 |
This country nawa |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by jaxxy(m): 7:52am On Jan 07, 2023 |
Minjim: Thst was initially with the new cap on withdrawals which was put on hold. When have u ever seen an Atm dispense N200 notes in serveral years? 2 Likes 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by grandee4u(m): 7:53am On Jan 07, 2023 |
Which of the currency denomination did they even redesign; is it all notes abi some selected few (like 200, 500 and 1000)?? |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by ALABACONNECT(m): 7:53am On Jan 07, 2023 |
Very confused government Well, for your UK used/new smart tv sets and soundbars, check my signature |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by bonnyhope: 7:53am On Jan 07, 2023 |
MyMouth: See how you are glorify thief You go come back here come the beg for 1k Suffering and praising your oppressor 3 Likes 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by samsard(m): 7:53am On Jan 07, 2023 |
MyMouth:And that's supposed to be a good thing? 2 Likes 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by FOOTSOLDIER2(f): 7:55am On Jan 07, 2023 |
I love this, wotowoto to Tinubu and his PDP colleagues. |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by alizma: 7:56am On Jan 07, 2023 |
youngzeal1:Many of you with nothing upstairs will just come and type nonsense on nairaland. In which way is this clueless? The money is not circulating while the rich already have it, but putting it in the ATM gives everyone equal right to have it provided the person goes to the ATM. Also it will reduce the chances of those who have planned to buy votes because their is certain amount one cannot withdraw from the ATM. |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Didijiji: 7:56am On Jan 07, 2023 |
MyMouth:Grand idiot….what does Tinubu do for a living to have billions? 2 Likes |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Brushstrokes20: 7:59am On Jan 07, 2023 |
Such a stupid govt with incessant policy somersault # 2 steps forward, 4 steps backwards 1 Like 1 Share |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Sapiosexuality(m): 7:59am On Jan 07, 2023 |
All these are just ways to enrich the banks. |
Re: CBN Bans Over-The-Counter Withdrawal Of New Notes by Ancestortinubu: 8:00am On Jan 07, 2023 |
Ikpu your mum there. You know a single ibo man is greater than 10 coward men of your tribe. Batstard urchin. quote author=MyMouth post=119792727]Some idiots from the land of the unknown gunmen were happy then that the CBN was doing Tinubu strong thing with the new naira notes, no knowing that if Tinubu needed billions in new notes, na emefile go carry am go give am for him house sef[/quote] |
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