900warriorz:
the difference between the latter and the former is this change happened close to the most critical election that will determine Nigeria's future in some years to come.

SeniorMan715:
They were planning to sell it later to the politician thiefs

Blaze14k:
Banks are one of the problems we have in nigeria. If the federal government can put this same effort in every sector i believe nigeria will be a better place for u and i. But i must say i still dont trust buhari regardless of his effort. What did buhari, tambawal and bagudu really discuss at that meeting?

Officialgarri:
CBN is actually the primary problem while the commercial banks are problems we deal with because we interact with them the most.

There have been seamless transition of notes from old to new more than 4 times in this country and even up till the Goodluck Jonathan's major note transition..and there have never been such chaos such as this

Worse of it all is that they did not only fail at cash transition, they decided to invoke panic when it's less than a month to an important election.

The pope has a finger in the pie and we can see Emiefele's full regalia

habsydiamond:
The politicians are not our problem in this situation.. it we the masses that are giving ourselves problems.. if the bankers can not follow a simply directive to give the money through atm to the masses... it shows that we all selfish if we are given the opportunity to be in the position of authority. The last time I check politicians no dey get vault for bank now.

chisomkachy:


https://m.facebook.com/story.php?story_fbid=pfbid0iBdZmekGHCkuC8SNG7JZphzq767uivQoiVAdiRpfqDjFHHc7CWeGeG6HnmqyC4o9l&id=100068873333950&mibextid=Nif5oz

Officialgarri:
CBN is actually the primary problem while the commercial banks are problems we deal with because we interact with them the most.

There have been seamless transition of notes from old to new more than 4 times in this country and even up till the Goodluck Jonathan's major note transition..and there have never been such chaos such as this

Worse of it all is that they did not only fail at cash transition, they decided to invoke panic when it's less than a month to an important election.

The pope has a finger in the pie and we can see Emiefele's full regalia

lexy2014:


but this is what the APC and buhari that you have supported all these years has given to nigerians. am glad buhari has by himself convinced you that he has failed in this simple task much more than his predecessors

lexy2014:


but this is what the APC and buhari that you have supported all these years has given to nigerians. am glad buhari has by himself convinced you that he has failed in this simple task much more than his predecessors

Officialgarri:
CBN is actually the primary problem while the commercial banks are problems we deal with because we interact with them the most.

There have been seamless transition of notes from old to new more than 4 times in this country and even up till the Goodluck Jonathan's major note transition..and there have never been such chaos such as this

Worse of it all is that they did not only fail at cash transition, they decided to invoke panic when it's less than a month to an important election.

The pope has a finger in the pie and we can see Emiefele's full regalia

virginboy1:
I just hope this is not a propaganda against sterling Bank.
CBN is just trying to make it seems as if it's the banks that don't want to give out the new notes. When in facts it is CBN that is not giving banks enough money that will go round to its customers... Make dem just kill pride say dem no get the redesign notes to go round...

You gave a bank In a particular region(Lagos) like 100m-150m in a week, how will that be enough for its branches and customers.

You stoped old notes and brought in redesign notes when you don't have enough to go round..
CBN just dey use Nigerians catch cruise....

Officialgarri:
CBN is actually the primary problem while the commercial banks are problems we deal with because we interact with them the most.

There have been seamless transition of notes from old to new more than 4 times in this country and even up till the Goodluck Jonathan's major note transition..and there have never been such chaos such as this

Worse of it all is that they did not only fail at cash transition, they decided to invoke panic when it's less than a month to an important election.

The pope has a finger in the pie and we can see Emiefele's full regalia

modath:


Oba nor dey go transfer... commitment "ear and dear"...
Business and family but we do pop in to see what's up from time to time..

Officialgarri:
CBN is actually the primary problem while the commercial banks are problems we deal with because we interact with them the most.

There have been seamless transition of notes from old to new more than 4 times in this country and even up till the Goodluck Jonathan's major note transition..and there have never been such chaos such as this

Worse of it all is that they did not only fail at cash transition, they decided to invoke panic when it's less than a month to an important election.

The pope has a finger in the pie and we can see Emiefele's full regalia

BAZ001:
Imagine just 250 million naira at the head office in Abuja ?
250 million is not even enough for 1 branch of sterling in Lagos island for 1 week.
Thought it was billions

professorPABX:



Emefiele left Zenith Bank as MD. Emefiele is Jim Ovia most trusted aid.

Zenith Bank refused to pay new notes. Is it FCMB or Sterlin Bank that is collecting Money allocated by Emefiele to his Zenith Bank?

Zenith Bank has more Branches than FCMB and Sterling Bank and is allocated more money than these Banks yet pay little or nothing in most of their branches nationwide. Where is the huge money allocated to Zenith Bank? Where is Okowa?

professorPABX:


ICPC, this is very shameful of you. ICPC is now playing an ETHNIC CARD because yorubas are liberal. Despite the liberality of the Yorubas, other tribes that are fanatically self centred are taking Yorubas for granted.

1. On the 4th of February, ICPC said an Osun FCMB manager loaded ATM with cash bound with wrappers.

https://www.nairaland.com/7553745/icpc-arrests-osun-fcmb-manager/5#120632347

I complained that is it because FCMB belongs to Yorubas? Well known Banks with hundreds of branches are not paying. They are frustrating millions of their customers, you are talking about FCMB. Is Zenith Bank Branches at Osun State paying?

Now, ICPC picked another Bank (Sterling) belonging to Yorubas as major shareholders as culprit. Is Sterling Bank the reason Access Banks lock customers outside gate? Is Sterling Bank the reason Zenith Bank pays 2K to 5K in some branches?

FireUpNow:
Oga na sterling bank nah. Read the first paragraph abeg you well well. Las las na to sell the new naira notes to pos operators go end am. Wicked people

chisomkachy:


https://m.facebook.com/story.php?story_fbid=pfbid0iBdZmekGHCkuC8SNG7JZphzq767uivQoiVAdiRpfqDjFHHc7CWeGeG6HnmqyC4o9l&id=100068873333950&mibextid=Nif5oz

NoToPile:
My own question is are banks not supposed to have cash in their vaults anymore? I am talking about new notes, are they supposed to give all their currency to customers?

HORLADY:
Even Small Sterling!!!!
The end shall never wonder

bonechamberlain:
Arrest and jail those criminals Most banks have the money but sell to their cronies, the rich, influential and highest bidders. Then the remnant is distributed to the masses.

These bank are engaged in economic sabotage, it should be classified as terrorism.

I won't be surprised if BAt APC faction are also doing all they can to ensure that mobile banking also fails. To put more pressure on Buhari to reverse the policy.

The kind of money these guys have stolen can disrupt and destabilise the economies of the whole of Africa. They can use their stolen wealth to always have their way. This is why Nigeria must go cashless, it would reduce crime to an extent. Buhari must remain steadfast with the policy.

CBN needs to start showing those arrested on national TV and ensure they sit on the ground like criminals while being interviewed.

bonechamberlain:
Arrest and jail those criminals Most banks have the money but sell to their cronies, the rich, influential and highest bidders. Then the remnant is distributed to the masses.

These bank are engaged in economic sabotage, it should be classified as terrorism.

I won't be surprised if BAt APC faction are also doing all they can to ensure that mobile banking also fails. To put more pressure on Buhari to reverse the policy.

The kind of money these guys have stolen can disrupt and destabilise the economies of the whole of Africa. They can use their stolen wealth to always have their way. This is why Nigeria must go cashless, it would reduce crime to an extent. Buhari must remain steadfast with the policy.

CBN needs to start showing those arrested on national TV and ensure they sit on the ground like criminals while being interviewed.

Officialgarri:
CBN is actually the primary problem while the commercial banks are problems we deal with because we interact with them the most.

There have been seamless transition of notes from old to new more than 4 times in this country and even up till the Goodluck Jonathan's major note transition..and there have never been such chaos such as this

Worse of it all is that they did not only fail at cash transition, they decided to invoke panic when it's less than a month to an important election.

The pope has a finger in the pie and we can see Emiefele's full regalia

lordm:
Which bank?

lordm:
Which bank?

chisomkachy:


https://m.facebook.com/story.php?story_fbid=pfbid0iBdZmekGHCkuC8SNG7JZphzq767uivQoiVAdiRpfqDjFHHc7CWeGeG6HnmqyC4o9l&id=100068873333950&mibextid=Nif5oz

HORLADY:
Even Small Sterling!!!!
The end shall never wonder

lexy2014:


who will put in the same effort to check the FG?

a month to the cash policy dealine, emefiele bolted out of nigeria and stayed in London for about a month. why would a CBN governor go and hide in London after setting a deadline for something when he was supposed to be in the country to oversee the implementation of such a critical policy?

in his absence, his deputies met with legislators at the National Assembly. when asked how much new notes were printed to replace the old notes, the deputy governor said she didnt know. if the CBN was this unserious about its own policy, where was the success for the policy going to come from?