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It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 (64146 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 ozo13(m): 5:47pm On Mar 07, 2023
Fahdiga:
Traders are still rejecting it. CBN should issue a statement about this.
grin
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by correctguy101(m): 5:49pm On Mar 07, 2023
Fahdiga:
Traders are still rejecting it. CBN should issue a statement about this.

Access Bank Alaba Branch gave out the old notes yesterday but refused to collect it today grin

1 Like

Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by DeepSight(m): 5:49pm On Mar 07, 2023
Trustme2:

So one can take more than 20k per day in the banking hall now ?

I dont know. The silence from the accursed duo of Buhari and Emefiele is deafening.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by TheNiceGuy(m): 5:49pm On Mar 07, 2023
No old note in Alaigbo even if allowed in the other part of the country...

U can't eat your cake and have it

Fahdiga:
Traders are still rejecting it. CBN should issue a statement about this.

1 Like 1 Share

Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Myzubby(m): 5:52pm On Mar 07, 2023
Ok I dey collect old money through transfer




15k

Available in stock

Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by tundeabib1: 5:53pm On Mar 07, 2023
Fut9ure:
If you collect old note you are on your own

Cbn need to make official statements

Na Shame dey worry you! The same shame wey don catch Efelele abi Elefele, wetin be him name self. He is a bundle of confusion as his name.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by OblorOblor: 5:54pm On Mar 07, 2023
Banks have started issuing old notes, but they'll refuse it when you want to deposit it. For now, I don't have anything to do with old notes.

1 Like

Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by millionboi2: 6:06pm On Mar 07, 2023
Beansman:
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.
Hahahahaha
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by magzey: 6:13pm On Mar 07, 2023
Jorussia:
I wrote here yesterday that CBN and fg won't make any statement concerning the return of old naira notes. Banks are going to quietly start using it as a legal tender until the old notes recirculate back into the society.
Wia is the old note sef? grin
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Jorussia(m): 6:16pm On Mar 07, 2023
magzey:

Wia is the old note sef? grin
Old notes dey bank.Its so unfortunate that we have a very useless and failed president.I nv believed any economic benefit of d naira colouring.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Fahdiga(m): 6:16pm On Mar 07, 2023
correctguy101:


Access Bank Alaba Branch gave out the old notes yesterday but refused to collect it today grin

You can imagine the stupidity! 😃
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Rapture4real(m): 6:17pm On Mar 07, 2023
After suffering us. But you people said you've destroyed the old notes. It's all a game plan.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Treassured: 6:25pm On Mar 07, 2023
Lol House of Jokes and Commotion🤣
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by PrisciNoblest(f): 6:42pm On Mar 07, 2023
By God's grace
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Lawalemi(m): 6:51pm On Mar 07, 2023
There is nothing good that Buhari do successfully
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Elsueno: 6:54pm On Mar 07, 2023
sparko1:


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!

Naira land is an anonymous forum, da hell would I comprise dat, especially with d way I behave here..

Anyways, if u like collect old notes, as for me, I am waiting for CBN & the president...I am not going to risk my earnings based on a president-select who's victory is not even solid yet & a supreme court that doesn't even know it's jurisdiction.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by jackson44(m): 6:58pm On Mar 07, 2023
I tried using it for boarding brt bus now , and it was rejected as usual.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by surgical: 7:01pm On Mar 07, 2023
oluwaseyi0:
Finally going down in history:

Buhari is a complete and all-round failure
so true, a shameless on at that
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by ernestnyong: 7:15pm On Mar 07, 2023
You guys should make it publicly.so as to end this suffering because what ever you guys were doing as been defeated.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by 2023NaijaVoter: 7:15pm On Mar 07, 2023
Mission accomplished, no established politicians or new comers were able to load up on currency to buy the recently conducted election.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Emdebby2: 7:16pm On Mar 07, 2023
Confused government!
Confused nation!
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Ijaya123: 7:21pm On Mar 07, 2023
Jorussia:
I wrote here yesterday that CBN and fg won't make any statement concerning the return of old naira notes. Banks are going to quietly start using it as a legal tender until the old notes recirculate back into the society.

ShMe will not allow Emefailure and Buhari make any statements.

1 Like

Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by XAUBulls: 7:33pm On Mar 07, 2023
FOLYKAZE:
I do not understand why these petty traders are rejecting the old notes. They refuse to accept transfer and also do not have pos terminal that will enable card use. The national orientation agency should educate these folks if they intend to push the cashless policy. Also the banks should upgrade their system. Imagine I bought and paid through transfer for some items but payment was completed after 9 hrs. They should make things seemless.

Out banks should introduce stripe cards. This chip na waste of time
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by XAUBulls: 7:36pm On Mar 07, 2023
jumper524:

https://www.thecable.ng/it-has-been-approved-by-cbn-banks-begin-dispensing-old-n500-n1000-to-customers/amp
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by FireUpNow(m): 7:37pm On Mar 07, 2023
oluwaseyi0:
Finally going down in history:

Buhari is a complete and all-round failure
Na Tinubu and APC connive to bring this hardship on Nigerians. Don't be fooled.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Nelz7: 7:41pm On Mar 07, 2023
The Spokesman of the Central Bank of Nigeria (CBN), Isa Abdulmumin has said both the old and new naira notes are now legal tender following the new directive of the Supreme Court.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Ellasure: 7:41pm On Mar 07, 2023
You may not expect the duo of Buhari and emeleole to issue a memo to correct their evil design.

If the duo have any human regards for due processes they should just issue a memo stating their compliance with supreme court justices pronouncements and direct the Nigerian banks to be paying out and receiving the old and new Naira notes.

Otherwise, their shame and sorrows will multiply because hungry Nigerians will take the law in their hands. Buhari is a shameless connivance for evils. Everything he touched has turned very bad.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Advancedman(m): 7:47pm On Mar 07, 2023
jumper524:

https://www.thecable.ng/it-has-been-approved-by-cbn-banks-begin-dispensing-old-n500-n1000-to-customers/amp

God forbid
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by kunlesehan(m): 7:49pm On Mar 07, 2023
See profound wisdom

You must be a consultant

Two thumbs up

FOLYKAZE:
I do not understand why these petty traders are rejecting the old notes. They refuse to accept transfer and also do not have pos terminal that will enable card use. The national orientation agency should educate these folks if they intend to push the cashless policy. Also the banks should upgrade their system. Imagine I bought and paid through transfer for some items but payment was completed after 9 hrs. They should make things seemless.

Out banks should introduce stripe cards. This chip na waste of time
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by kinkydude: 8:03pm On Mar 07, 2023
Spend this, don't spend that! Haba! It's enough to make one go mad 😟
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Truvelisback(m): 8:08pm On Mar 07, 2023
jumper524:
if banks are issuing it, why should traders reject it?
This country sef too like wahala and suffering.
Seun please push to better audience.
Don't blame them, the same govt caused this confusion.

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