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Deadline Remains January 31 For Old Naira Notes — CBN - Business (2) - Nairaland

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Banks Alert Customers To EMTL, Commence Remittance January 31 / We Didn't Direct Banks To Disburse Old Notes – CBN Insists / We Did Not Authorise Commercial Banks To Collect Old ₦500, ₦1000 Notes - CBN (2) (3) (4)

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Re: Deadline Remains January 31 For Old Naira Notes — CBN by tamdun: 6:47am On Jan 25, 2023
hollywater:
Best CBN governor that is fearless in making decisions. No ass lecking.
Same man that released billions of naira to dazuki?

1 Like

Re: Deadline Remains January 31 For Old Naira Notes — CBN by Anambra1stS0n: 6:53am On Jan 25, 2023
Shellsploit:
Story for the God's!
Money wey never enter sone parts of Amambra state angry
I bet you Anambra State isvfar better than your state in all ramifications, Anambra State is among the six states that control 90% transactions in Nigeria
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Doyou2019: 7:46am On Jan 25, 2023
kennyz247:
New money wey we never see for area CBN want make we use for transactions,no be juju be dat?
31st will never work otherwise Nigeria might burn into ashes and elections will not hold come 26st February..

EndCBN fit come worse pass EndSars.
These government people no dey ever learn
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Babaken(m): 7:48am On Jan 25, 2023
This is where MTN mobile money will come to play the way it is done in Ghana and IVORY COAST.
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Ken4Christ: 7:54am On Jan 25, 2023
This government like to suffer Nigerians sha. We struggle for virtually everything in Nigeria.

I still maintain there is an agenda beyond what we can see. It started unveiling itself when I heard they took the money to Sambissa forest to exchange. Why not let the banks do their job?

Or when they start their planned killings, we won't have money to escape?

God will deliver us from these wicked and unreasonable leaders in the mighty name of Jesus.
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Pharaohny: 8:01am On Jan 25, 2023
No going back
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Pharaohny: 8:01am On Jan 25, 2023
Cashless policy we stand

1 Like

Re: Deadline Remains January 31 For Old Naira Notes — CBN by maisauki: 8:08am On Jan 25, 2023
iLoveYouToo:
CBN must not shift this deadline, 31st is 31st
I support this with two big bokolo cows

1 Like

Re: Deadline Remains January 31 For Old Naira Notes — CBN by gfon(m): 8:08am On Jan 25, 2023
tamdun:

He's a mad man,same Emefiele released billions of naira to dazuki and Obanikoro to campaign for Jonathan and suddenly,he wants us to believe he is an angel
he's obviously not an angel. What you don't understand is he's following buhari strict orders on this matter. Or have you heard the president make a statement on this issue? That deadline would stand. Buhari would make sure of it and nothing anybody would do about it.

1 Like

Re: Deadline Remains January 31 For Old Naira Notes — CBN by mkoabiola: 8:12am On Jan 25, 2023
A complete joke
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Headachetoigboh(f): 8:22am On Jan 25, 2023
Tinubu buy all the new naira notes in almost all the banks in Lagos except Fidelity bank.

He buys 100m for 1.2m

But in all,he will not swap all.

E
He must eat ewedu with the remaining
Re: Deadline Remains January 31 For Old Naira Notes — CBN by IMASTEX: 8:22am On Jan 25, 2023
adioolayi:
Well done Emiefiele...


Please holdon till the end and see this through...do not bow to pressure!
Which pressure? The one he is part of or even created. How can a new note be launched since last year with a close timeline yet until this week all the banks are still paying with old notes. Who then is to face out the old notes. Britain has a new note with a timeline till 2024 for the old ones. Once old ones get into the bank, it doesn't come out.
Re: Deadline Remains January 31 For Old Naira Notes — CBN by planetx: 8:26am On Jan 25, 2023
Deadline that will be extended, CBN should keep deceiving themselve.

1 Like

Re: Deadline Remains January 31 For Old Naira Notes — CBN by Prophet85: 8:50am On Jan 25, 2023
gassbee:
Initial gra gra
Don't mind them,they will still extend the date. Is CBN governor more influencial than the President or Nass.
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Prophet85: 8:53am On Jan 25, 2023
planetx:
Deadline that will be extended, CBN should keep deceiving themselve.
CBN is just blabbing. After initial gra gra,they will still extend the date. If not extended,there will be chaos in the country.
Re: Deadline Remains January 31 For Old Naira Notes — CBN by ZeroOneTribe: 9:10am On Jan 25, 2023
Stop looking for new notes, start embracing cashless policy. There was enough time.

Re: Deadline Remains January 31 For Old Naira Notes — CBN by debbydams(f): 9:12am On Jan 25, 2023
What about business owners.. Will I start rejecting the old naira notes now.. Because I no understand oo
Re: Deadline Remains January 31 For Old Naira Notes — CBN by stallionng: 9:20am On Jan 25, 2023
CBN Governor sir,we the masses stand by you.please keep firm to your words,
We the masses says no extension
31st January we stand.
Let the treasury looters who packed money in their warehouses to evade the law, eat it.
No money for vote buying and election rigging.we want free,credible and fair election.
This will help to reshape the battered economy
Re: Deadline Remains January 31 For Old Naira Notes — CBN by SALIMAN(m): 9:34am On Jan 25, 2023
To deposit old naira at POS now attracts extra cost than new notes .. watch out after the dead line some will go extra length to monetise the old for new currency
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Backpedal: 9:45am On Jan 25, 2023
kennyz247:
New money wey we never see for area CBN want make we use for transactions,no be juju be dat?
31st will never work otherwise Nigeria might burn into ashes and elections will not hold come 26st February..

Burn into which ashes

Anybody wey try anything go collect better beating
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Backpedal: 9:45am On Jan 25, 2023
planetx:
Deadline that will be extended, CBN should keep deceiving themselve.
Take it from me

They wouldnt
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Backpedal: 9:47am On Jan 25, 2023
Prophet85:
CBN is just blabbing. After initial gra gra,they will still extend the date. If not extended,there will be chaos in the country.

No be only chaos

The instructions is simple
Deposit the old notes in your account

After the deadline the notes will be readily available

And btw it's not total
It's just 1000 500 and 200

You can still be using the 100 and below for everyday petty transactions

I'm happy that the CBN is staying resolute.

Nigerians must comply
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Backpedal: 9:50am On Jan 25, 2023
olahero:
Emefiele is chasing those collected billions from him thought he would become Nigeria Presido after his office as a CBN governor but God surprised him.

Is ASIWAJU your problem?

We understand you more, ASIWAJU will win with landslide victory.

Emefiele should not frustrates people at the grassroot, it will soon end for him.

How does Tinubu want to win without vote buying?
E go clear for una eyes next month
Re: Deadline Remains January 31 For Old Naira Notes — CBN by TristanX: 9:57am On Jan 25, 2023
olahero:
Emefiele is chasing those collected billions from him thought he would become Nigeria Presido after his office as a CBN governor but God surprised him.

Is ASIWAJU your problem?

We understand you more, ASIWAJU will win with landslide victory.

Emefiele should not frustrates people at the grassroot, it will soon end for him.

I’m just happy about one thing now. Atleast u agree that Asiwaju is being frustrated because he had hoped on vote buying.

His frustration has just begun
Re: Deadline Remains January 31 For Old Naira Notes — CBN by IamPlato(m): 10:12am On Jan 25, 2023
You don't want to extend deadline and you still don't want to print enough new notes. You are a very stupid man
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Jack500: 10:12am On Jan 25, 2023
Buhari4sale:
The unification of the Hausa/Fulani cabals of the Northern Region goes a long way in tactical, logical and political sense of autonomy & expertise. Northerners are smarter. They know how to play this game of politics. The ground at which they placed Tinubu in this contest of 2023 presidential election really comes with high tension of betrayal, suspense with some touches of unpredictable moves by the Northerner using APC being the current government to dish out policy and decision that would destroy the legacy, foundation and already planned moves by Tinubu led tactical and strategy movement. It is not a shame however but SOME OF US ARE LEARNING. Its not more a political war but a tribal war

Get brain, in your shallow mind everything is targeted at Tinubu, I thought APC primary should have thought you lesson, you never learn
Re: Deadline Remains January 31 For Old Naira Notes — CBN by adesola8r: 10:22am On Jan 25, 2023
Initial gra graInitial gra gra...
Re: Deadline Remains January 31 For Old Naira Notes — CBN by Spiritmask: 10:33am On Jan 25, 2023
For now, e-naira is the best cashless form of transaction for petty business.

No bank charge no matter the amount of transaction in a day.

No ATM charges.

Fast transaction process.

You can customize the amount you want to receive.

Easy to use and navigate.

Easy to deposit the money to your bank account.

You can pay your bus fare of as low as N1 without charges or buy your N10 pepper without charges unlike in using bank app.

No looking for change.

Having an account with CBN.

Can be use to pay bus fare easily.

Instant payment verification.

Use of bar code to facilitate payment.

and more benefits I did not list.
Re: Deadline Remains January 31 For Old Naira Notes — CBN by izubext007: 11:02am On Jan 25, 2023
I have 4million naira cash....please folks is it advisable to take to the bank at once .
Re: Deadline Remains January 31 For Old Naira Notes — CBN by seborrhic: 12:12pm On Jan 25, 2023
IMASTEX:

Which pressure? The one he is part of or even created. How can a new note be launched since last year with a close timeline yet until this week all the banks are still paying with old notes. Who then is to face out the old notes. Britain has a new note with a timeline till 2024 for the old ones. Once old ones get into the bank, it doesn't come out.
Mr man there are many f ools in this forum that sometimes even replying to their posts makes one very angry.
Someone supporting an incompetent and corrupt CBN governor that has come up with another nonsensical policy his limited brain didn't think through.
What you just said is the simple,commonsense way to implement this naira policy, which is what every government with CBN governor with a commonsense would do:give a reasonable deadline,which in my opinion should be at least a year.Then,which is the most important part of the steps to ensuring the policy works:any old note that goes to the bank is never recirculated,then ensure the banks have new cash to meet up with 80% of estimated cash demand for each day.
If the non circulation of old notes and good percentage of new cash demand need is met,I bet you,before 6months of a year deadline,there would be just a few customers that would still have the old notes in their possession.
Re: Deadline Remains January 31 For Old Naira Notes — CBN by maasoap(m): 2:06pm On Jan 25, 2023
tuoyoojo:
The wahala of going to the bank everyday to get money above 20k is not funny

but if that is what would stampede those political criminals and dissipate their financial warchest to curb vote buying,

then by all means I don't mind the inconvenience

Your name is "Born-to-sufer". Ordinary people can't even see any notes to withdraw from ATMs because CBN said that banks shouldn't stock ATM with old notes and banks don't have sufficient new notes to stock.
My wife went round yesterday but no ATM was dispensing. I went out this morning and saw masses sitting down at the foot of ATM and looking lost.
Those political criminals have the new notes already. Lol
Re: Deadline Remains January 31 For Old Naira Notes — CBN by maasoap(m): 2:12pm On Jan 25, 2023
Akwamkpuruamu:
Wish this will remain till after election. It won't be too hard to bear for just three weeks.

Let Agbado and Mikano boys show us where they wil get the i lions for vote buying because CBN only printed 200bn of the new notes and they Agbado and Mikano men can't have as much as 50bn of the new notes, no matter how hard they try.

On Obi Datti I Stan

Most Nigerians are either PDP or APC, either as a party member or family of a party member. If there is no money to be given to electorates on the day of election, that still won't get votes for Mr Pandora. APC and PDP are still the ones that will battle it out between themselves.
Ordinary Nigerians are still at the receiving end of all the bad policies grin grin grin

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