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Old Banknotes Redeemable Only At CBN After Deadline - Emefiele - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessOld Banknotes Redeemable Only At CBN After Deadline - Emefiele (33737 Views)

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Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by factcheckmmm: 5:11pm On Feb 01, 2023
Ireportlive:
And you don't know people would start buying old note just to take to CBN?! Didn't you witness previous currency swap

How are you certain more than enough Cash is with Politicians since CBN confirmed 1.3 trillion
Remember it's also a trap cause you need to explain your source of wealth

Court declaration

Payment of tax

Registration of company or business
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Ireportlive: 5:12pm On Feb 01, 2023
factcheckmmm:
Remember it's also a trap cause you need to explain your source of wealth

Court declaration

Payment of tax

Registration of company or business
With corrupt CBN staffs accross the country?! That won't be hard for politicians
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by unitysheart(m): 5:12pm On Feb 01, 2023
Ireportlive:
And you don't know people would start buying old note just to take to CBN?! Didn't you witness previous currency swap

How are you certain more than enough Cash is with Politicians since CBN confirmed 1.3 trillion
Most commenting no dey reason well jare. Dey look them.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Alawode01(m): 5:13pm On Feb 01, 2023
It has already lost its objectives,bad bell.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by BabaO2: 5:13pm On Feb 01, 2023
This guy inconsistencies are too many. Not fit for the job a bit
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by panpan(m): 5:14pm On Feb 01, 2023
nlfpmod:
Also, the CBN governor assured Nigerians that nobody would lose their legitimately earned money due to the naira redesign project, saying the exercise was in the overall interest of Nigerians and the economy.
This is not a naira redesign project.
This is a "removal of naira notes" project.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Legitmatazz: 5:14pm On Feb 01, 2023
Good clarity

Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Danybest: 5:15pm On Feb 01, 2023
We predict you win
Sure free 3 odds daily just joined and share https:///+Fji7-YO5hjIzMWE8
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Osidazz19: 5:15pm On Feb 01, 2023
MichaelSokoto:
no vote buying!
cool
Your thinking is so narrow and shallow. Not surprised at all. Wait till after the election...
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by atinga1: 5:16pm On Feb 01, 2023
Ireportlive:
And you don't know people would start buying old note just to take to CBN?! Didn't you witness previous currency swap

How are you certain more than enough Cash is with Politicians since CBN confirmed 1.3 trillion
Smh for Tinubu urchîns. When you go to CBN and deposit more than you're supposed to have, you end up in jail.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Ireportlive: 5:19pm On Feb 01, 2023
atinga1:
Smh for Tinubu urchîns. When you go to CBN and deposit more than you're supposed to have, you end up in jail.
Zombidiots are really naive... BDC have been getting Dollars from CBN through corrupt official forever

New bank note sold at parties are gotten from CBN

And you think any miracle happened over night
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by paskal16: 5:19pm On Feb 01, 2023
Naira scarce o
Nigeria how far na
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by factcheckmmm: 5:20pm On Feb 01, 2023
Ireportlive:
With corrupt CBN staffs accross the country?! That won't be hard for politicians
Yes for politicians and the aim of it redesign will not be effective
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Nobody: 5:20pm On Feb 01, 2023
Mefi my man.. cool grin!

Be giving them as e dey hot. Na you get grounds. Buhari be quietly using you to manipulate elections away from that greedy Lagos landlord's grasp!

Now Malami is no longer the cabal. Na Emefiele, according to Urchins grin..
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by boxypane: 5:21pm On Feb 01, 2023
The CBN was just too much in a rush to redesign the notes. The new notes will not stand the test of time. Them go spend money reprint tire.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by backnbeta(f): 5:21pm On Feb 01, 2023
He keeps changing his words; displaying his ignorance in the process! BTW, Nigerians are already losing money by paying so much to make withdrawals, leaving their businesses to make withdrawals, poor network leading to return of goods bought undecided
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Zulum500: 5:22pm On Feb 01, 2023
taylor88:
You go sell your vote for 5k


Enter bus 40k to & fro dey go CBN go deposit am


APC think say them wise


Imagine on Election Day i bath rub cream comb hair wear cloths go queue under hot sun only to vote for someone that has no manifesto other than shouting broooom Brooooooooooom broooooooooooooom


God forbid
You are too stupeed
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Mccullum: 5:22pm On Feb 01, 2023
taylor88:
You go sell your vote for 5k


Enter bus 40k to & fro dey go CBN go deposit am


APC think say them wise


Imagine on Election Day i bath rub cream comb hair wear cloths go queue under hot sun only to vote for someone that has no manifesto other than shouting broooom Brooooooooooom broooooooooooooom


God forbid
The first Presidential candidate that released his manifesto is Tinubu who is the flag bearer of APC, even if haters sighting good thing, he/she will say I can't see it, but you'll see and heard the victory of Tinubu as the next president elect of Nigeria by the will of God.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by NwokoloOwa:
I think the house of rep has done well in this regard. Bringing this confused man to further elucidate on the redesign of the Naira and the fall out. A CBN Governor that was being pushed to contest an election while still sitting on his sit. A man that went on vacation when a critical policy program is going on under his watch. The man is being teleguided. It's obvious.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Realrealfact: 5:25pm On Feb 01, 2023
Peter obi is better

Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by gaby(m): 5:25pm On Feb 01, 2023
Eyaaa....

God don put small sense for Emebobo head because of the poor Nigerians wey dem don loot their future scatter prayers.

Even at this, his own Karma is still at a corner admiring him..

All of una go collect shame and disgrace...


Rogues..
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by sapele914(m): 5:26pm On Feb 01, 2023
NwokoloOwa:
I think the house of rep has done well in this regard. Bringing this confused man to further elucidate on the redesign of the Naira and the fall out.
Your are calling your Vice Chancellor a confused man?

This is probably the best thing President Buhari on advise from Dr Emefiele did in his 8 years, the so called restructuring of the system has begun.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by ERlS(f): 5:26pm On Feb 01, 2023
Emefiele steady pressing necks. Hopefully, he sticks to his words. No more wavering decisions.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by wman(m): 5:27pm On Feb 01, 2023
factcheckmmm:
The stress of going to CBN at Abuja will make you think twice, or do you to waybill your money to someone in Abuja to exchange it for you.

What if they start asking questions on how you got the money.

Remember police are not actually your friend especially when money is involved
There are branches of CBN in every state in Nigeria.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by wman(m): 5:28pm On Feb 01, 2023
This policy won't even affect politicians. They have enough cash with them and they are well connected.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Irupetepete: 5:29pm On Feb 01, 2023
Ireportlive:
cool




The guy just dribbled National Assembly


Nigeria has the current set of unintelligent power brokers and cabal in Aso Rock

So of what use is the deadline if CBN would still exchange cash

You want to mop up 3 trillion before February 10 you claim you have only achieve 1.3 trillion

You want POS to exchange note yet limit Thier withdrawals to 500k a week. How will POS make enough profit on 500k total transaction without increasing charges




.
sorry bro, pos withdrawal limit is 20k a day
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by NothingDoMe: 5:29pm On Feb 01, 2023
benuejosh:
Why is this man confused
Nah he just played the lawyers that argued that you should be able to deposit the expired notes even after the deadline.

You can deposit but you'll go to CBN to do it. Imagine walking into CBN with 10m to deposit 🤣🤣🤣
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Rebuke: 5:30pm On Feb 01, 2023
Confused lots. So that yhu can now have a free time to do yhur backdoor runs.

Nigeria is the most corrupt country in the world yhu can take that to the bank.
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by NothingDoMe: 5:31pm On Feb 01, 2023
boxypane:
The CBN was just too much in a rush to redesign the notes. The new notes will not stand the test of time. Them go spend money reprint tire.
someone said it's a strategy to avoid hoarding in future. If you keep the cash in the house e go fade before you say jack robinson
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by OfficialAPCNig: 5:32pm On Feb 01, 2023
Ireportlive:
cool




The guy just dribbled National Assembly


Nigeria has the current set of unintelligent power brokers and cabal in Aso Rock

So of what use is the deadline if CBN would still exchange cash

You want to mop up 3 trillion before February 10 you claim you have only achieve 1.3 trillion

You want POS to exchange note yet limit Thier withdrawals to 500k a week. How will POS make enough profit on 500k total transaction without increasing charges

.
The withdrawal limit is so that APC vote buyers will not deposit their old notes and withdraw them again.

With this withdrawal limit, even if APC starts withdrawal from now to election day, they will not have enough to buy votes.

We stand with Emefiele 💯%
Re: Old Banknotes Redeemable Only At CBN After Deadline - Emefiele by Foolishbuhari: 5:33pm On Feb 01, 2023
Ireportlive:
And you don't know people would start buying old note just to take to CBN?! Didn't you witness previous currency swap

How are you certain more than enough Cash is with Politicians since CBN confirmed 1.3 trillion
The average vote seller in thr village would want to go to through that abi? You will learn 😂😂😂
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