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Naira Crisis: Cash Circulation Low, NLC Tells CBN - Business (2) - Nairaland

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Naira Crisis: Banks Fear Heighten As Customers Shun Cash Deposit / Fuel, Naira Crisis: Banks Direct Staff To Dress Down / COVID-19: Withdraw Old Naira Notes From Circulation, Group Tells CBN (2) (3) (4)

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Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Wisejohnson47(m): 10:30am On Apr 05, 2023
The cash flow is better now, but 500 naira don dey scarce oh
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Eyeofsauron(m): 10:32am On Apr 05, 2023
Nigeria! Most unfortunate nation...
Sitting amidst plenty yet still suffering from kwashiorkor.
They want to kill us all...like Saddam Hussein did to the kurds.


"My country, she wants to get rid of us, because the things we see and know"
Nas 'stillmatic'

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Okiemute101: 10:32am On Apr 05, 2023
Lamido is coming....
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Wisejohnson47(m): 10:32am On Apr 05, 2023
Goldbw122:
What is the meaning of cashless policy, hmm we are educated so. Let's face it what is the meaning of a cashless society? Mensing No existence of cash wat so ever..
you are educated, I can read your comment very well
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by GeneralDae: 10:33am On Apr 05, 2023
Maryloveth:
Just want to remind you that Tinubu is a drug lord.

Thank you zaddy for try to bring more international disgrace to our reputation .

Take care zaddy
Okay and so what?

1 Like 1 Share

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by richforever123: 10:34am On Apr 05, 2023
IranianSea:

The number of currency in circulation is enough. All bank ATMs are dispensing, no queue. POS are no more selling because everyone are using Opay and takes transfer.

You are correct, even Kidnappers have gone back to Business

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Brushstrokes20: 10:34am On Apr 05, 2023
Spot on!... Drum it into the deaf ears of emeFAILURE and his lifeless boss! undecided

ENOUGH OF NONSENSE!

2 Likes 1 Share

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by SOFTSKILL: 10:35am On Apr 05, 2023
Maryloveth:
Just want to remind you that Tinubu is a drug lord.

Thank you zaddy for try to bring more international disgrace to our reputation .

Take care zaddy

Okay Daddy
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Chetas81(m): 10:36am On Apr 05, 2023
I FIND IT MYSTERIOUS FOR NIGERIA CITIZENS TO ACT BEFORE THEY THINK

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Ucloaded01: 10:37am On Apr 05, 2023
For 10 months, a former Governor in Nigeria openly challenged the Dictatorial ruling party saying:

“if you find any dirt on me, I will stop campaigning”

10 freaking months, no stain, no dirt. All they could get is a doctored phone call.

Peter Obi is indeed a Saint. 👑😁

2 Likes

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Jostoman: 10:39am On Apr 05, 2023
Very very low

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Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Lithiumite: 10:39am On Apr 05, 2023
IranianSea:

The number of currency in circulation is enough. All bank ATMs are dispensing, no queue. POS are no more selling because everyone are using Opay and takes transfer.

I wonder why any sane person supported emefiele in the first instance,I just can't get to get my head wrapped around it.......those people from that region would rather cut their noses to spite their faces and still turn around and accuse others of cutting it for them.

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by HellVictorinho7: 10:40am On Apr 05, 2023
no cash yet

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Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by HellVictorinho7: 10:41am On Apr 05, 2023
Lithiumite:


I wonder why any sane person supported emefiele in the first instance,I just can't get to get my head wrapped around it.......those people from that region would rather cut their noses to spite their faces and still turn around and accuse others of cutting it for them.
surely

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by HellVictorinho7: 10:44am On Apr 05, 2023
richforever123:


You are correct, even Kidnappers have gone back to Business
they never went on break
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by ivolt: 10:44am On Apr 05, 2023
IranianSea:

The number of currency in circulation is enough. All bank ATMs are dispensing, no queue. POS are no more selling because everyone are using Opay and takes transfer.
You sound like one of the blockheads advising Emefiele on his failed policies.
Everyone is taking transfer, yet banks are still filled with withdrawal requests.
SMH

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by highchief1: 10:47am On Apr 05, 2023
adenigga:


Source: https://punchng.com/Naira-crisis-Cash-circulation-low-NLC-tells-CBN
im sure cbn already destroyed many old notes.
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by highchief1: 10:49am On Apr 05, 2023
Ucloaded01:
For 10 months, a former Governor in Nigeria openly challenged the Dictatorial ruling party saying:

“if you find any dirt on me, I will stop campaigning”

10 freaking months, no stain, no dirt. All they could get is a doctored phone call.

Peter Obi is indeed a Saint. 👑😁
yes daddy
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Angelfrost(m): 10:55am On Apr 05, 2023
For the first time in almost a decade, NLC is finally doing its job!


Dem don use Imo state and Hope Uzodinma take practice!
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by IranianSea: 11:03am On Apr 05, 2023
ivolt:

You sound like one of the blockheads advising Emefiele on his failed policies.
Everyone is taking transfer, yet are bank are still filled with withdrawal reuests.
SMH
Use your sense young boy! Never support Emefiele WEYREY policies because I know they will never achieve their aims. But your Obi and you, his followers supported it In which I against. Read my comment again, I'm talking about my state here, everyone arr already with cash. Gtbank has 6 ATMs and now body there to withdraw money, meaning, queues have disappeared.
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by FireUpNow(m): 11:11am On Apr 05, 2023
adenigga:


Source: https://punchng.com/Naira-crisis-Cash-circulation-low-NLC-tells-CBN
NLC should also send warning to payment apps and banks about transfer of money using USSD code as well as having a seemless transfer without glitches

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by charlsecy(m): 11:13am On Apr 05, 2023
Goldbw122:
What is the meaning of cashless policy.... Mensing No existence of cash wat so ever..
It means less emphasis on cash for transactions and promotion and adoption of electronic channels for payments. CASHLESS, espoused by the CBN, does not mean NO CASH, it means FEWER CASH.

2 Likes

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by alezzy13: 11:15am On Apr 05, 2023
Well in fact supply has improved in Abuja, Lafia and Makurdi which are the major towns I visit/work.

Queues are gradually thinning out, and gladly,POS operators are providing cash without the usual ridiculous charges
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by blowjohn(m): 11:19am On Apr 05, 2023
Too many debit issues going on.
Money still not enof.

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Goldbw122(m): 11:30am On Apr 05, 2023
Wisejohnson47:
you are educated, I can read your comment very well

😂
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Godsonkemz(m): 11:30am On Apr 05, 2023
Now we have a regulatory body. They also need to look into the corruption in the judiciary and INEC

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Satazaa: 11:34am On Apr 05, 2023
Raxxye:
Everything is just falling apart in Nigeria under Buhari.
Buhari can't wait to run away to Daura before the roof over Nigeria finally caves in.
Buhari wanted to be president by all means without the requisite will, knowledge and capacity to actually lead the country.
Now Buhari has succeeded in destroying everything he met just within 8 yrs!
Buhari does not deserve to be a member of the Council of State after his tenure.
I am ashamed for Buhari!
brilliant

2 Likes

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Yomboy4ever(m): 11:53am On Apr 05, 2023
Maryloveth:
Just want to remind you that Tinubu is a drug lord.

Thank you zaddy for try to bring more international disgrace to our reputation .

Take care zaddy


Yes daddy ok daddy
Let me see how far you can go with your tears for 8 years after May 29..
I doubt you will have enough water to sustain you sha..

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by ufotunang: 11:57am On Apr 05, 2023
Okortor:
Charges for 10k withdraw is 1k. Still 10%
..the charges will reduce gradually.. before it was 4k to collect 10k..
Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by ufotunang: 12:02pm On Apr 05, 2023
At least NLC has tried without them that wicked emefiele would not had released some cash...at least many nigerians have in possession of cash now... bussinesses are picking up and improving..queues at the banks have reduced...to solve nigeria problems is not easy...NLC has tried and let's appreciate them and encourage them

2 Likes

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by SIONKPO1(m): 12:44pm On Apr 05, 2023
Imagine POS charging #500 for #10k them go hold their money tire cause me Na bank or ATM OOO

1 Like

Re: Naira Crisis: Cash Circulation Low, NLC Tells CBN by Ucloaded01: 1:09pm On Apr 05, 2023
highchief1:
yes daddy

Yes druggy

1 Like

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