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Nairaland Forum / Nairaland / General / Business / It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 (64118 Views)
We Did Not Authorise Commercial Banks To Collect Old ₦500, ₦1000 Notes - CBN / ₦1 Trillion Old Notes Received By CBN, Banks - Emefiele / CBN Redesigns 200, 500 & 1000 Naira Notes (2) (3) (4)
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Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by MyVILLAGEpeople(m): 5:06pm On Mar 07, 2023 |
loosecanon50: This policy has nothing to do with cashless policy or redesigning whatever. It was all a game plan in connivance with the supreme court. It was all about retaining power for the APC and the goal has been achieved! 2 Likes |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by gassbee: 5:07pm On Mar 07, 2023 |
Somebody no wan go jail |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by MichaelSokoto(m): 5:09pm On Mar 07, 2023 |
bassdow:Naxo na! dat so called new note would be withdrawn dats why dey did only re-dyeing. |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by iammolise(m): 5:11pm On Mar 07, 2023 |
Well since the CBN and buhari hasn't said anything about it life should move on, if they(CBN/buhari) are not in tandem with the supreme court order they'd have said something already, after all the whole naira redesign, old note deadline bruhaha has fulfilled it's purpose. |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Elsueno: 5:11pm On Mar 07, 2023 |
Zico5: Oh please! Tinubu doesn't give a shyt about ordinary Nigerians, no be him did everything he could to help Buhari get into power TWICE!!, isn't he part of APC same as Buhari?, Nothing go happen, Emefiele would retire peacefully, Buhari would go back to his Daura too... Agbado himself has too many skeletons, he won't dare to touch any corrupt cabal as they would wrangle his a## 😂 2 Likes |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Beansman: 5:13pm On Mar 07, 2023 |
I was paid 19k old 500 naira note today at Sterling bank Benin city,market men and women refused to collect from me. Am thinking of returning it back to d bank tomorrow. 1 Like |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by iammolise(m): 5:14pm On Mar 07, 2023 |
MyVILLAGEpeople:my idea about the whole thing exactly. 1 Like 1 Share |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Trustme2(m): 5:14pm On Mar 07, 2023 |
DeepSight:So one can take more than 20k per day in the banking hall now ? |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by iammolise(m): 5:15pm On Mar 07, 2023 |
Beansman:my broda market women no send u o... And can you blame them, they sell how they bought 1 Like |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Pacesetter123(m): 5:16pm On Mar 07, 2023 |
Now,my question is, can those same commercial banks issuing the old notes to customers accept deposit of this old notes? Or will we withdraw from commercial banks but deposit at CBN? |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by MrFourSHIRTS: 5:16pm On Mar 07, 2023 |
Cajal: Mugu |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by HellVictorinho7: 5:19pm On Mar 07, 2023 |
dalass:RUBBISH 1 Like |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by ceasare: 5:20pm On Mar 07, 2023 |
Pacesetter123: Nigeria is a confuse country and we d citizen are the most terrible of its lot.if d banks are reissuing it out why are we not accepting it amongst ourselves for exchange of goods n services ? Ohhh until one bald headed hawk from CBN says so? Quite pathetic |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Pacesetter123(m): 5:20pm On Mar 07, 2023 |
Beansman: The same bank will ask you to take it to CBN for deposit. |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Shaev7(m): 5:20pm On Mar 07, 2023 |
jumper524:The government is playing with the masses. Nonsense, if Nigeria speaks one voice, by now we should reject it. We are already adjusting to the system. No need. 1 Like |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Pacesetter123(m): 5:22pm On Mar 07, 2023 |
Trustme2:Nope, even the bank paying the old money do not pay more than 20k per day. |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by baralatie(m): 5:22pm On Mar 07, 2023 |
Ok |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by soliufiljannah(m): 5:23pm On Mar 07, 2023 |
It has to come from cbn else we ain't collecting oldies |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Pacesetter123(m): 5:24pm On Mar 07, 2023 |
ceasare: |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by yahoodetector: 5:26pm On Mar 07, 2023 |
Cajal: Fixed! |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Ebuka78: 5:26pm On Mar 07, 2023 |
I wanted to withdraw 5k from POS today since the bank is crowded with people. The POS operator outside the bank told me she charges 1,500 for 5k. I was like, wow! |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Ken4Christ: 5:26pm On Mar 07, 2023 |
Fahdiga: Pride will not let them do it. The fact that some of the commercial banks have started dispensing the old notes shows that it's been approved. The banks won't do that without approval from CBN. They don't just want to make it public. 1 Like |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Ken4Christ: 5:28pm On Mar 07, 2023 |
jumper524: Some traders are rejecting it because we have a lot of mumu people in Nigeria. This I have found out. 1 Like |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by faithfull18(f): 5:28pm On Mar 07, 2023 |
Lol |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Cajal(m): 5:32pm On Mar 07, 2023 |
MrFourSHIRTS:Miscreant |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Lightorder: 5:37pm On Mar 07, 2023 |
What will it take CBN to just give a 3 minutes broadcast or does it mean that they don’t have a camera phone or microphone ? Go to the bank and collect old note and fight with the conductors in the street |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Bluffly: 5:38pm On Mar 07, 2023 |
Governors forming as if they care about the people but it is just for their loot. They should fircely attend to the problems staring at them in their states the way they faced the FG. Let any LG even try such with the states the governor's will start war immediately |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Bluffly: 5:38pm On Mar 07, 2023 |
Ken4Christ:They do not want to get entangled in politicking |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by grandstar(m): 5:39pm On Mar 07, 2023 |
It is Buhari's directive the people are waiting for. All the Supreme Court is all grammar. Hopefully, next week, after the elections, the nation would hear from PMB about the matter. Anyway, PMB support for the policy was not only to clip the wings of politicians during these 2023 elections, but also to fight corruption. The use of the old notes until December 31st, 2023 has frustrated his plans to use it as a means to fight corruption. There are far more effective ways to fight corruption rather than this which amounts to nothing more than "throwing the baby out with the bathwater" |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by Obiebanks007(m): 5:44pm On Mar 07, 2023 |
Cajal: Are you it was defeated? Or it made the rigging clear. If cash was available, automatically people would have voted Apc and we won't be having doubts of vote issues, but since their was no cash to bribe the masses our Oga them at the top had to go extra miles.....miles way come cast . |
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦500, ₦1000 by sparko1(m): 5:45pm On Mar 07, 2023 |
Elsueno: Send me your business address, I will screenshot this when eventually they release statement and everyone begin using both old and new ones. How can you remember when Supreme Court have power over everything in a country, when they say go to school, you went there to join gang. Smh! |
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