₦airaland Forum

When the oil is finished, everybody will rest.

modath:
Here is the ONLY person (for now) i can give Bubu up for!
Obudu, Tinapa , calabar festival anybody?

So because of those things that makes him presidential?

[quote author=kwinny post=52452034][/quote]Una no de tire for all these Ponzi Schemes?

Young Nigerians putting soooo much effort into making money by doing nothing.

It cannot last. Focus on adding value rather than this nonsense.

Be spiritually good. Help the poor. Have fun. Drink beer. Marry a pretty girl. Let your children live their dreams. Be honest.

That my son, is the road to heaven. You cannot bribe God with tithes.

Hahahahahahaha...if I'm ever looking for a job, I'll become a pastor.

Nigerians are very wicked and gullible. They like jungle justice and believe any sh¡t their church says.


Modified:

Octopus have eight tentacles...

TheOtherRoom:
Its sweet but I think this is better

hahahahahahwhahahahahahahahahahahahahah

Bros you get no joy!

CAPTIVATOR:
Bro, I realize that people cant really understand some things about a Job until they are in the system of such Job. No amount of explanation will make them see that practical is different from the Theoretical knowledge they dish out online

I tell you. Theory and practical are wide apart.

laudate:
Yeah...each ATM holds between 5 million to 8 million naira. But the sad thing is that most banks do not have a proper roster that would ensure their ATM custodians have the full resources and security personnel to accompany them, when they carry out replenishment functions. Another thing is that the network sometimes can be erratic, which can affect the ATM's ability to function properly. Finally, some banks fail to prepare adequately for the Yuletide season.

They know there is always pressure on the ATMs at this period. So they should ensure those machines are serviced properly before the holidays (by running full software checks & hardware checks), and also make sure that more ATM custodians are available for duty during that period, to replenish the machines at increased intervals.

You go 'gree come do ATM custodian work during the Christmas period?

laudate:
UBA does not care about that one, o! There are quite a number of banks that are known for having large crowds in their banking hall. Maybe your own bank is an exception...

No. My bank get crowd ooo. Plenty people. But we try and manage them well.

laudate:
What are you saying??!!?? No bank likes a crowd in their banking halls? Have you been to UBA branches in Lekki, Festac & Apapa before??

Hahahahahahahahahah!!! Is it that bad Better go to another bank.

But seriously if a bank branch has crowd it counts against them in their monthly ratings and affects their manager.

dorry62:
Wicked man.

But the dead son tho your father almost poisoned your sis and you still allowed him to buy you suya and even went home with the same man.Mehn wisdom is truly profitable.

RIP

What are you saying?? Blaming the boy?? Please edit that comment and let the boy rest in peace.

Please stop showing pictures of dead children. It's stupid and dumb. Nairaland mods should please take note. Nairaland is an international website. At least follow basic international norms.

The father is a goat.

Originalsly:
Banks don't have enough physical money to put in the ATMs?.... but have enough for people to make huge OTC withdrawals?... and yes..m withdrawals would be heaviest at Christmas.... every year... don't banks know this?...so why didn't they plan for this by having the machines stocked more often? You have just given a bunch of lame excuses .... showing lack of foresight and inability to solve problems and progress.

You don't know the technicalities of banking. Banks cannot store or hold money because each bank branch has a limit if what they can hold.

Each ATM machine also has a limit of what it can hold.

eph12:
When should government have paid salaries? After Christmas? That nobody could have anticipated this in the banking industry is a minus on their part.

Demand was greater than physical cash available.
When your girlfriend breaks up with you...why didn't you anticipate it? That's s minus on your part.

francisbarrack:
I don't think u r in Nigeria.... All our banks r fraud.

Why do you say so?? Don't give me some copy and paste answers. Why are Nigerians banks a fraud? Educate me.

mapet:
1. Crap Journalism and a senseless one at that.
2. what bank network? does any bank own any network? are they interswitch or NIBS?
3.

What is rocket science about the fact that Nigerians always do last minute cash withdrawals during festive periods and especially the ones that have extended weekend. How can you report such a perspective without acknowledging the fact that Nigerians are still cash oriented

I went to ATMS in Gbagada, Ikosi-ketu on December 25th any did not see any crowd, yet the ATM paid.

4.

regular lame sources. On what basis should we believe/trust a faceless fellow?
Secondly how is customers' cash going to be declared as performance asset to the banks? The last time I checked, those are the things the FRC straightened up in the new reporting regulations, hence beefing your balances amounts to little, in fact it turns logic the other way round. Banks will rather trade out monies in businesses and projects and account for the current income of such rather than customers money that they can only charge on if only there is a transaction

5. The reporter has forgotten that it is even desirable for the bank to dispense to customers either OTC or via ATM, because there in lies income for the bank

Nigerians like last minute transactions, lies and Ponzi schemes. No mind them.

insecticide:
I was surprised when i saw the thread. I work in a bank as well and nobody charges a dime for OTC, all one has to do is get a check or savings withdrawal booklet which has over 25 slips each.
On the ATM issue, there are threshold for each terminal so u can't just load an ATM with any amount. At my bank, the threshold is 3m per terminal.

You de mind them?? They just open their mouth de talk rubbish.

ndcide:
So what's your solution to majority of ATM being unable to dispense cash. I was almost stranded at Ikeja last Friday. You people should be considerate.

You can't have 20 ATM in a location and only 2 have cash in them. You are not sure of withdrawal even if you spend 3hours.

There isn't or wasn't enough physical cash to put in the ATM's. Usually during holidays, CBN releases mint notes to the banks to augment the cash they already have to add to the ATM'S.

But this year has been different. CBN said the cost of minting new notes is more than the value of the notes itself.

It may sound rude, but my solution is stop waiting till the last minute to do your transactions. Do them early in the week and try and use cashless channels.

Apologies about your predicament.

This is poor journalism. I work in a bank. No bank charges for over the counter withdraw with your cheque book.

No bank likes a crowd in their banking halls. It's part of a branch's score for having a crowd in it's banking hall. Each bank branch is rated for the number of customers in the queue. So the less, the better.

The reason for the ATM issue is that demand for withdraws were more than than the ATM could cope with. Then the Federal government paid on the 22nd and 23rd. Then all those government workers were trying to withdraw to buy Christmas things.

And some goats were saying that banks don't have enough money. Yes. They don't have enough PHYSICAL money to put in the ATM to meet demand. CBN hasn't printed new bank notes this year. And all the mutilated money has been moved out of circulation. So there is less physical cash in circulation. Doesn't mean banks don't have money.

Op
Go and sit down...

Op
Why did you put 'Y' for 'why'??

RealityShot:
will it cost N12500 to get that "small space" you speak about?

in ph the smallest shop is 120000N!
by the time you do the maths of what you just said...over 200k will be invested

where will the student get that amount from?

think. Again oga

OK na. Do Ponzi schemes na. Since working for your money isn't as smart as paying N12,500 to a Ponzi.

Looking for free money?...you will find it but the taste is bitter...ask MMM people.

Atiku2019:
Kudos Bro, You've said it all

Thanks.