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Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists - Business (2) - Nairaland

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CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust / Widespread Cash Supply Shortage Persists In Banks / Central Bank Of Nigeria New Directive On Money Transferred To Nigeria (2) (3) (4)

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Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by AnyanwuSilas: 11:35am On Mar 16, 2023
Hmm
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by MrBONE2(m): 11:35am On Mar 16, 2023
Quest7777:
Someone described Buhari as a Rat Exterminator that was contracted to kill all the rats in a house.
He actually successfully carried out the job but only after setting the entire house on fire. grin
grin

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by harkolat(m): 11:35am On Mar 16, 2023
We hope the limitations on withdrawals is lifted soon. Nigerians just went through unnecessary hardship.

5 Likes

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Ishilove: 11:39am On Mar 16, 2023
“They are dispensing,” a customer said, tersely.
Hehe. Body dey pepper dem
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by TOYNEX(f): 11:40am On Mar 16, 2023
We will survive.
We always have smiley
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by GorillaApp(m): 11:41am On Mar 16, 2023
Jestin:
I am going to drink a bottle of red wine to celebrate the exit of Buhari and Emefiele( ele-ele-ele-fiele)few months from now. But the problem is another walking corpse is coming in 😢

That's my worry too

1 Like

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Godsonkemz(m): 11:44am On Mar 16, 2023
Jestin:
I am going to drink a bottle of red wine to celebrate the exit of Buhari and Emefiele( ele-ele-ele-fiele)few months from now. But the problem is another walking corpse is coming in 😢

Our adage says... He who replaces a dog with a monkey still have a squatting animal within. That's the situation of Nigeria

2 Likes

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by CodeTemplar: 11:44am On Mar 16, 2023
Most of the old notes have been shredded and that leaves us with an overburdened e-banking system.

3 Likes

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by OfeAchi: 11:45am On Mar 16, 2023
Why would any sane person want to go directly to banks to deposit cash into their personal accounts? In this period of cash deficiencies?
If you feel you have excess cash, I suggest patronising POS agents. Most of them would pay you up to 10% interest for just depositing the money with them.

4 Likes

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Moh247: 11:47am On Mar 16, 2023
AnyanwuSilas:



APC wickedly shredded and destroyed old notes.

You cowards can't call out Buhari and APC.

You urchins want us to believe Buhari is good but Emefiele is bad


Go to school and learn the function of CBN and what monetary policy means

1 Like

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Lexv(m): 11:48am On Mar 16, 2023
IamNat:
We told them that the hush-hush with which the CBN is executing this policy will bring nothing but suffering to the people but then, since they thought it's against the President-elect Asíwájú Bola Ahmed Tinubu, they don't care if it hurts the masses, thank God they didn't win the election, that would have been how they would continue suffering the masses as long as it pleases their lord and mighty pitobi.

Nigeria is moving forward already, by the time Asíwájú is sworn in by May 29th every necessary normalcy would be returned.

Sense far from you Sha...
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Antoeni(m): 11:50am On Mar 16, 2023
Nigeria Has Never Had This Kind of Confused Central Bank Governor Since Nationhood

2 Likes

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Ellasure: 11:54am On Mar 16, 2023
iwaeda:


https://www.thecable.ng/banks-businesses-comply-with-cbns-directive-on-old-notes-but-shortage-persists/amp

I will encourage nairaland.com editors to check news items to be posted for propaganda news against free circulation of the old and new Naira notes together.

It is indeed true that some Nigerians are not happy for a free circulation of the old and new Naira notes together as it will stop their business of reselling either notes for gains. To these people the sufferings of the Nigerian people doesn't concern them. They are the despicable lots in the Nigerian landscape.

These people are very busy turning out negative stories about the difficulties people face to get the money but in their mindset what they carried the News with the hope that reader will get signals all over the country and hence discouraged free flow of the old and new Naira notes.

These are the people that condemned the supreme court justices for their prompt judgements and intervention. They are currently very busy seeking means to reduce the free flow of money.
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Awoh55: 11:55am On Mar 16, 2023
God help us
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by MFORC(m): 11:55am On Mar 16, 2023
Every administration for Nigeria dey get scapegoat. During Goodluck na dansuki Buhari na Godwin emefiele if him no japa like Alison madueke na kuje prison get am be dat.

2 Likes

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Confirm4real(m): 11:57am On Mar 16, 2023
I'm happy because, those that voted for APC again to continue from where Buhari will stop will also enjoy the suffering...

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by baralatie(m): 12:00pm On Mar 16, 2023
Reality3080:
To those who support buhari n emefiele for this economic sabotage believing it will affect tinubu, now the question for is


What did it achieve at the end of the day?
Did it stop tinubu from winning?
Will it stop politicians from buying votes next tomorrow?

To those who kept shouting let’s suffer so tinubu won’t win, I just wan tell u say u don suffer in vain ooo
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Femmyfamous4u(m): 12:01pm On Mar 16, 2023
Emefiele has hurriedly destroyed some just to lie that he burnt more.
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by baralatie(m): 12:02pm On Mar 16, 2023
OfeAchi:
Why would any sane person want to go directly to banks to deposit cash into their personal accounts? In this period of cash deficiencies?
If you feel you have excess cash, I suggest patronising POS agents. Most of them would pay you up to 10% interest for just depositing the money with them.
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Brushstrokes20: 12:14pm On Mar 16, 2023
The DIABOLIC DUO of the LIFELESS disaster and emeFAILURE are Nigeria's WORST BLUNDERS undecided

They'll sure meet their impending Waterloo for subjecting millions of innocent citizens to unwarranted hardship undecided

Satanic govt of SELF SERVING THIEVES AND BLOODTHIRSTY TERRORISTS!

1 Like

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Samlo88(m): 12:17pm On Mar 16, 2023
OfeAchi:
Why would any sane person want to go directly to banks to deposit cash into their personal accounts? In this period of cash deficiencies?
If you feel you have excess cash, I suggest patronising POS agents. Most of them would pay you up to 10% interest for just depositing the money with them.
OfeAchi:
Why would any sane person want to go directly to banks to deposit cash into their personal accounts? In this period of cash deficiencies?
If you feel you have excess cash, I suggest patronising POS agents. Most of them would pay you up to 10% interest for just depositing the money with them.
OfeAchi:
Why would any sane person want to go directly to banks to deposit cash into their personal accounts? In this period of cash deficiencies?
If you feel you have excess cash, I suggest patronising POS agents. Most of them would pay you up to 10% interest for just depositing the money with them.
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by onyxo76(m): 12:27pm On Mar 16, 2023
so what was the purpose of the new redesign then if we're back to the old notes?
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by hkidola00(m): 12:31pm On Mar 16, 2023
Reality3080:
To those who support buhari n emefiele for this economic sabotage believing it will affect tinubu, now the question for is


What did it achieve at the end of the day?
Did it stop tinubu from winning?
Will it stop politicians from buying votes next tomorrow?

To those who kept shouting let’s suffer so tinubu won’t win, I just wan tell u say u don suffer in vain ooo
tinubu never won..he was rigged in dumbo
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Epinbiz(m): 12:44pm On Mar 16, 2023
This is nigeria
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by Gandrova: 12:46pm On Mar 16, 2023
Reality3080:
To those who support buhari n emefiele for this economic sabotage believing it will affect tinubu, now the question for is


What did it achieve at the end of the day?
Did it stop tinubu from winning?
Will it stop politicians from buying votes next tomorrow?

To those who kept shouting let’s suffer so tinubu won’t win, I just wan tell u say u don suffer in vain ooo
Louder pls. Jagaban has defeated them

3 Likes

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by b0rn2fuck(m): 1:18pm On Mar 16, 2023
Jestin:
I am going to drink a bottle of red wine to celebrate the exit of Buhari and Emefiele( ele-ele-ele-fiele)few months from now. But the problem is another walking corpse is coming in 😢
but at least Buhari leaving is worth celebrate, I fit go Bleep ashawo join but it'd been over 10 years now I patronize them. Anything to jubilate Buhari leaving is welcome

1 Like 1 Share

Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by IamNat: 1:27pm On Mar 16, 2023
Lexv:


Sense far from you Sha...


grin grin grin grin grin
E pain this 1 well well sha.
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by treatise: 1:50pm On Mar 16, 2023
IamNat:
We told them that the hush-hush with which the CBN is executing this policy will bring nothing but suffering to the people but then, since they thought it's against the President-elect Asíwájú Bola Ahmed Tinubu, they don't care if it hurts the masses, thank God they didn't win the election, that would have been how they would continue suffering the masses as long as it pleases their lord and mighty pitobi.

Nigeria is moving forward already, by the time Asíwájú is sworn in by May 29th every necessary normalcy would be returned.
Who won or you were referring to that person that was declared winner?
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by panpan(m): 1:58pm On Mar 16, 2023
onyxo76:
so what was the purpose of the new redesign then if we're back to the old notes?

The purpose of the "redesign" was to confiscate cash across the country.
There was never really a redesign project. It was a naira notes removal project.

The Central Bank governor's plan is to eliminate cash, and enforce a cashless policy across the country.
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by maasoap(m): 2:55pm On Mar 16, 2023
Seefinish:
As a transporter I have collected it and encouraged to do so.
Let's ease this self inflicted pains

Thank God, its acceptability is gaining ground in Osun state
Re: Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists by maasoap(m): 2:59pm On Mar 16, 2023
panpan:


The purpose of the "redesign" was to confiscate cash across the country.
There was never really a redesign project. It was a naira notes removal project.

The Central Bank governor's plan is to eliminate cash, and enforce a cashless policy across the country.

In a third world country with cash based economy, high illiteracy level, inadequate facilities to handle digital transactions with around 30% of the population having bank accounts?

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