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Nairaland Forum / Nairaland / General / Business / Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target (29377 Views)
CBN Begins To Clear FOREX Backlog / Recoloured Naira Notes Still In Circulation - CBN Insists / 2.3 Billion Pieces Of Coins Worth N1.60b In Circulation—cbn (2) (3) (4)
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Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Larryndelaw: 12:47pm On Mar 24, 2023 |
I thought the CBN said they have destroyed the old notes. This Emefiele will.end in Jail. You will see.when the new incoming govt starts investigating Emefiele, Igbo will.be shouting victimization. |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Irefeyi1: 12:52pm On Mar 24, 2023 |
Time for the youths to wake up. 1 Like |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by lakesider2006(m): 12:55pm On Mar 24, 2023 |
Ndleabilli:come to lekki areas. You will get job |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Tonyblessed(m): 1:16pm On Mar 24, 2023 |
So wat was all the suffering for in the first place. APC Demonic party. Anyway. is those that voted for the evil party that6 will suffer a million folds this time. |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Emekaonline: 1:24pm On Mar 24, 2023 |
illuminutty: When you father gets sense and stop going to baby factory to buy your type as he did with you |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by maasoap(m): 1:48pm On Mar 24, 2023 |
cunny88: Wagwanbrethren: Let us ask both Obi and Atiku who lauded the policy and commended Buhari and Emefiele for the wicked policy. 2 Likes |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by adenigga(m): 1:51pm On Mar 24, 2023 |
onyxo76:Yeeeee.........
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Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Ndleabilli: 2:46pm On Mar 24, 2023 |
lakesider2006:ok bro, but I don't have anybody there |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Ndleabilli: 2:47pm On Mar 24, 2023 |
millionboi2:I'm new here that's why sir |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Ndleabilli: 2:51pm On Mar 24, 2023 |
fawaz050:where bro? |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Ndleabilli: 2:52pm On Mar 24, 2023 |
IyaTola:ok I'll do that |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Ikemba007: 3:06pm On Mar 24, 2023 |
Which useless monitoring? If there's no scarcity would anyone hide it? Very incompetent people. |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by kelspinall(m): 3:53pm On Mar 24, 2023 |
mumu plenty for our government 1 Like |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by emmyN(m): 5:54pm On Mar 24, 2023 |
SamuelAnyawu: lol |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by fawaz050(m): 6:20pm On Mar 24, 2023 |
Ndleabilli: Just search "PWC Graduate Recruitment 2023" on Google |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Ndleabilli: 7:52pm On Mar 24, 2023 |
fawaz050:Searched, no opening now |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by Minjim: 8:12pm On Mar 24, 2023 |
emmyN: The policy was in place for over a month. Tell us two of its benefit to Nigeria |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by emmyN(m): 10:08pm On Mar 24, 2023 |
Minjim: It is in the news that FG made over 11 billion naira in February alone as a result of this policy. With less currency in circulation, the FG could also save up on printing and maintaining excess notes. |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by fawaz050(m): 11:38pm On Mar 24, 2023 |
Ndleabilli: I can see that the openings have closed. KPMG will start in April and they have a Tech Advisory unit. Don't sleep on it |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by omonnakoda: 12:35pm On Mar 25, 2023 |
Are there no new notes |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by mcquin(m): 6:15pm On Mar 26, 2023 |
emmyN:Wrong. Didn't want to quote you but we need to properly inform members of the public. First, the policy caused artificial inflation. A trader who buys the naira inorder to restock will simply push the burden to the buyer by raising price of commodity. The economy itself shrinked because some businesses could not cope, resulting in loss of jobs. In my office for example, we are major importers of frozen food (fishes). Retailers who purchase from us could not sell off their stock for nearly a month because people had no cash to make purchase and because they couldn't sell, they had no use returning to us to restock. That led to us having very poor sales in January. This government has a knack for pushing out unsustainable policies leading to policy summersault. How do you invest in an economy that is not predictable? Gradually Nigeria was going cashless. 6 years ago, POS was not a thing but today many people execute transactions using POS. Government should have allowed us evolve gradually and in no time more Nigerians will go cashless. Instead people ended up losing their lives, businesses, only for us to return to square 0. |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by emmyN(m): 6:58pm On Mar 26, 2023 |
mcquin: That was expected at the start of the policy. I also pointed out in my post that the policy was badly implemented by the FG, then there was the bottleneck from the banks who deliberately tried to sabotage it, and the courts who finally buried it. The economy did not shrink, I'm not sure where you got your info from. |
Re: Old Notes Circulation: CBN Begins Monitoring Today, Banks Set Two-week Target by gesnigeria: 8:55am On Mar 27, 2023 |
Ndleabilli: Check this out for pwc
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