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Jrobbins's Posts

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Politics / Re: Labour Party Wins Big At Airport Staff School Enugu - Punch by jrobbins: 5:01pm On Feb 25, 2023
Lol. aPC = O
Politics / Re: Soldiers Kill Ballot Thief In Kogi (Pictures) by jrobbins: 1:52pm On Feb 25, 2023
OmoFiditi:


That guy doesn't look like a graduate. They should collect his phone and fish out the rest of his comrades.

He's a graduate

Politics / Re: Soldiers Kill Ballot Thief In Kogi (Pictures) by jrobbins: 1:51pm On Feb 25, 2023
DantataIsMyGuy:
Lies

Lol. Which lies?

Person I know. It's very very 100% true o.
Politics / Re: Soldiers Kill Ballot Thief In Kogi (Pictures) by jrobbins: 1:50pm On Feb 25, 2023
Midehi3:
But some said this happened in Surulere in Lagos shocked pls let's get the right information, which do we believe now

Graduate, and when tomorrow he can't find a decent job, he will be blaming village people, sense dem no get undecided

I even know the person . It's Kogi state.
Politics / Re: Vote Buying Will Be Done By POS by jrobbins: 6:11am On Feb 25, 2023
This guy no wise. Who'd drop account number for vite buying?

1 Like

Politics / Re: Northern Imams Association Of Nigeria, NIMAN, Endorses Atiku by jrobbins: 3:46pm On Feb 24, 2023
Definitely. That's what it is, and the followers would never disobey

2 Likes

Politics / Re: Sheikh Dahiru Bauchi Endorses Atiku, Directs Followers To Vote For Him by jrobbins: 6:36pm On Feb 23, 2023
E don start. Friday prayers tomorrow, the Imams would tell them who to vote for.

And the northern vote is usually Bloc.

11 Likes

Business / Re: First Bank Is Receiving Old ₦‎500 And ₦‎1,000 Notes Nationwide (Photos) by jrobbins: 5:30pm On Feb 17, 2023
inoki247:



Then he no hard na to dey buy BVN and be paying people token and we use awa Bank connect redeem am shey oh tu ku.....


Format no go finish bro...


People will sell derr BVN for as Low as 5k to redeem the cash swap...

Buh CBN don even come out to debunk the thing say he no give anybody any directory....

OK
Business / Re: First Bank Is Receiving Old ₦‎500 And ₦‎1,000 Notes Nationwide (Photos) by jrobbins: 5:29pm On Feb 17, 2023
inoki247:



Then he no hard na to dey buy BVN and be paying people token and we use awa Bank connect redeem am shey oh tu ku.....


Format no go finish bro...


People will sell derr BVN for as Low as 5k to redeem the cash swap...

Buh CBN don even come out to debunk the thing say he no give anybody any directory....

Good luck. Keep telling me more
Business / Re: First Bank Is Receiving Old ₦‎500 And ₦‎1,000 Notes Nationwide (Photos) by jrobbins: 5:27pm On Feb 17, 2023
ModCaller:


Baba where did you get your internal from? Definitely not from CBN because CBN just denied everything

I won't divulge more. There's even a description to how the old notes must be posted.
Business / Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by jrobbins: 5:27pm On Feb 17, 2023
ThierryJay:


Sorry, dont understand

Check my last post before this.
Business / Re: First Bank Is Receiving Old ₦‎500 And ₦‎1,000 Notes Nationwide (Photos) by jrobbins: 5:24pm On Feb 17, 2023
inoki247:



Show me the CBN directory wey say na one off....

With a CBN link and stop trying to twist everything...


If you read well from the news flying they will give you a tracking number to track the status of your deposit and that doesn't stop you from depositing again and generating another barcode....


Show me anywhere you see one off and with a CBN link you people are just dishing out false information....


Even if na one off no be for people to start buying people BVN nd u use ur link at the bank to get it deposited Oga format to cash out in this country no go finish....

Internal but I'd share it. I cut off some things for identity sake

Business / Re: First Bank Is Receiving Old ₦‎500 And ₦‎1,000 Notes Nationwide (Photos) by jrobbins: 5:21pm On Feb 17, 2023
youngreezy:
Wait so after you deposit 500k once,you no go fit deposit again forever?

Yeah, if it's old notes. There is a way banks are instructed to deposit old notes. One BVN per person.
Business / Re: First Bank Is Receiving Old ₦‎500 And ₦‎1,000 Notes Nationwide (Photos) by jrobbins: 4:55pm On Feb 17, 2023
inoki247:


At least after depositing one day sha I go av access to my money.....


People will turn this to business na to dey buy Old note from people and dey fill d form dem sef nd go deposit it at the bank...


Not possible. It's a one off deposit
Business / Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by jrobbins: 4:52pm On Feb 17, 2023
Period007:
Remember, if you deposit today you cant deposit tomorrow so better take all your old notes to the bank ASAP.

Na only Emiefele know when you will receive alert

Of course
Business / Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by jrobbins: 4:47pm On Feb 17, 2023
ThierryJay:
There are reports of some banks collecting the old 500/1000 notes today without customers filling any CBN online form. Wont this defeat the purpose of the procedure laid down by CBN? Implementation has always been the issue with Nigerian initiatives.
No

Bank was allowed for just today
Business / Re: Banks Insist On Rejecting Old Naira Notes Despite Supreme Court Order by jrobbins: 9:10pm On Feb 10, 2023
Gilgil:
The deadline means that collection of old notes will be on until close of business today.

Try depositing your old notes tomorrow and see. Thats if the commercial banks are still open to collect deposits on weekends.

1 Like

Business / Re: Your Narrative Is Inaccurate And Misleading - Sterling Bank Replies ICPC. by jrobbins: 5:11pm On Feb 09, 2023
MrMcJay:




It is either you don't understand how banking works or you didn't get the full information, hence your misplaced outrage.

250M was found at the HQ of the bank, emphasis on HQ.
250M divided by 20k weekly limit can only cater to 12,500 people. Sterling Bank has 141 branches, that's about 88 customers per branch. Meanwhile, you have more than 100 people inside the bank and 150 at the ATMs.
That 250M It will dissolve within 20 mins.

So, 250M is nothing in banking and I stand by it. If you no gree, na you sabi.

Tell Meffy to release more cash and stop dancing atilogwu backwards.

God bless you pally. Most people don't have an idea how this things work.

They don't know the cash shortage is due to CBN not printing and disbursing much to commercial banks.

Wtf is 250m to the HQ of a bank?
Business / Re: Your Narrative Is Inaccurate And Misleading - Sterling Bank Replies ICPC. by jrobbins: 5:07pm On Feb 09, 2023
moscow007:
Story
Only in Nigeria!.. something we saw videos of the burst.

This one na damage control...we understand, the image of the bank has to be preserved and protected to avoid anarchy and attack from customers.

If there's any truth to this, why not sue them.

How can u have 250m in your vaults while u receive 30m per day from CBN if there's no intentions of hoarding and selling it to politicians.

That's the HQ. They'd still have to distribute to other branches.
Politics / Re: FG Insists On February 10 Deadline For Cash Swap by jrobbins: 10:15am On Feb 09, 2023
drlateef:





You should get your facts right before you talk. They governors have always insisted that both new snd old should run together for at least 1 year. You don’t any conspiracy to latch on to ehn!!!!

Lol.

CBN will not pay out the old notes to banks. It's been mopped up already. Where will you get the old notes from to use? How much old notes do you think is outside now when CBN claimed to have retrieved over 75% of it's target?
Politics / Re: If You Are Still Accepting Old Naira Notes, ÒYÒ Is You State Na Dustbin E dey Go by jrobbins: 9:00am On Feb 09, 2023
inoki247:



LoL black market court order the same court that took someone from 3rd position to first person in Imo and people obeyed and the same court that made someone a Governor also in Bayelsa...


So jus dey play nd be saying na black market....

Once you guys don't like something you will tag it with jargons nd start to open thread up nd down...


Unless d Govt wants to cause Anarchy I don't care Abt Wu wants to buy vote I should av access to my money is that too much to ask for....

i tot you believe 2023 election will be free and Fair and people will not colet money from politicians since you can't colet money to vote why not trust others too that they won't take or are you guy's now confused....


Or the Border closure I think is because The FG too don't want politicians to pack rice to the country for vote buying na why dem lock border cause I don't understand you people thoery...

I don't know why someone that's seeing aw people are suffering to av access to dere money go still dey surpport this. Jonathan will Neva du diz type of stupid thing.....

People will still suffer to have access. Banks won't pay out old notes. CBN won't issue much new notes to banks.

Na politicians wey still get plenty for house dey fight for their loot
Politics / Re: FG Insists On February 10 Deadline For Cash Swap by jrobbins: 8:53am On Feb 09, 2023
Asabe4:
Their agitations were never about the masses.

All these people celebrating don't know the issue is still lingering. If CBN doesn't print and release more new notes, doesn't allow banks to pay old notes, then the problem still remains. All the poor masses complaining in banks wouldn't have been doing that if they had old notes to spend because it still hasn't expired. The CBN has mopped up old notes from ordinary citizens. It's politicians that has most of the old notes still outside.

1 Like

Politics / Re: FG Insists On February 10 Deadline For Cash Swap by jrobbins: 7:37am On Feb 09, 2023
😂

My concern is why aren't these people pushing for more new notes to be released into the economy. Why is their concern only about the old notes to continue being legal tender?

Banks would still not pay out old notes and except you've stocked up old notes at home, this is just a total waste of time, except CBN reverts and push old notes into the economy as the new notes printed isn't much. Cash shortage problem hasn't been addressed yet.

32 Likes 1 Share

Politics / Re: Protesters Hit Abuja Over Supreme Court Order On Old Naira (Photos) by jrobbins: 7:49pm On Feb 08, 2023
A lot of people are rejoicing about the supreme court judgment but has failed to think about it critically. The order only states that the old notes shouldn't become ordinary paper by the deadline, but it hasn't addressed the issue of low cash supply. Most people have already deposited their old notes in banks and the order doesn't states that banks can pay out old notes. So everyone will still have to go to banks to get cash and the bank will only pay out new notes which is limited in supply. This judgement, except it's being modified, to allow commercial banks recirculate old notes, would only favour anyone who has stashed millions or billions of naira in a storage room, else we're still where we are, as the old notes hasn't yet expired and we're already facing problems because banks aren't allowed to push back old notes into the economy

23 Likes 5 Shares

Politics / Supreme Court Order Hasn't Stopped The Cash Crisis Wahala by jrobbins: 4:00pm On Feb 08, 2023
A lot of people are rejoicing about the supreme court judgment but has failed to think about it critically. The order only states that the old notes shouldn't become ordinary paper by the deadline, but it hasn't addressed the issue of low cash supply. Most people have already deposited their old notes in banks and the order doesn't states that banks can pay out old notes. So everyone will still have to go to banks to get cash and the bank will only pay out new notes which is limited in supply. This judgement, except it's being modified, to allow commercial banks recirculate old notes, would only favour anyone who has stashed millions or billions of naira in a storage room, else we're still where we were as the old notes hasn't yet expired and we're facing problems because banks aren't allowed to push back old notes into the economy.

Seun
Fpmoderator
What do others think?

2 Likes 1 Share

Politics / Re: Naira Redesign: Kogi Residents Celebrate Supreme Court Judgement by jrobbins: 3:43pm On Feb 08, 2023
joelbooks:
Kogi People Celebrate Supreme Court Judgement as they Await Bola Tinubu Arrival



https://www.youtube.com/watch?v=I0yPlveUsOQ

Where in Kogi is this? What are you spewing here? See people with banners and brooms campaigning and you call it celebration.
Politics / Re: Naira Redesign: Kogi Residents Celebrate Supreme Court Judgement by jrobbins: 3:41pm On Feb 08, 2023
Most legit Old cash are already in the bank. Only people who have stolen much and hid should be happy because CBN might still not allow banks pay out old notes.
Business / Re: CBN Has Successfully Shifted Blame To Commercial Banks by jrobbins: 8:16am On Feb 08, 2023
Parachoko:
Why are the commercial Banks not talking and defending themselves?

There's a report yesterday, the ICPC found over ₦200M in a bank in Abuja, till now, Sterling Bank never clear the air on wetin happen actually and you feel the people will trust the bank?


That's a mother branch (CBN would never give 200M to any single branch because they didn't print much) responsible to distribute to other branches. Maybe the movement just came in and CBN being aware that they've not distributed it ( cash isn't just ordinary paper to banks that they'd be moving without logistics) quickly carried eye service surveillance. They've released the bank officials and I'm sure no sanction will happen. You know CBN, as apex bank would have been sanctioning banks by now if they're saying the truth.

The banks are kinda feeling somehow(scared maybe) to come online and show disagreement with CBN.

I've toured again this morning, the banks are still closed. I believe, banks have realized a subtle way of protesting against CBN.

1 Like

Business / Re: CBN Has Successfully Shifted Blame To Commercial Banks by jrobbins: 7:02am On Feb 08, 2023
hisgrace090:
And the greedy bank were ready selling the one given to them and you see nothing wrong with that.

You think it's easy for small commercial banks to be able to see the little given to them when it was stated that all initially must be loaded to ATM? If there was sharp practices happen, most of them is happening from CBN.

Let CBN go to court and prosecute the officers of the banks caught before you'd believe their social media nonsense. When did CBN/EFCC/ICPC start recording videos? They know the truth but they've successfully pushed the blame.
Business / CBN Has Successfully Shifted Blame To Commercial Banks by jrobbins: 6:03am On Feb 08, 2023
This issue of naira redesign is now a serious problem in the country as liquid cash is scarce.
CBN's initial aim is to reduce the cash flow in supply and encourage online transactions not minding the fact that it won't augur well as Nigeria is not yet fully developed in terms of literacy and network reliability.
The policy isn't working as planned but instead of facing the actual issue and agreeing that the mode of implementation is bad, CBN has gone on a jamboree, busting commercial banks and recording any new notes they see and uploading to the media all in a bid to shift blame to commercial banks. Those banks seen with high volumes of new notes are probably main branches whose responsibility is to distribute to other remote branches. Now that CBN has shifted the blame and the banks know they can't meet up, most of them are closing temporarily to avoid irate customers who think it's the commercial banks fault.
In Anyigba and Idah, Kogi state, all banks were closed yesterday due to unavailability of cash which the customers will think is their fault and destroy properties. I am also aware of some branches that closed in other locations to avoid the rage of people coming for cash.
This is not the first time nor the first country to redesign currency note, why is this time difficult?

I believe as days go by,more bank branches will temporary close except CBN comes up with something spectacular. What's helping is the few old notes still being spent by people. if by Friday people go to banks to deposit the old notes, they'd want to withdraw immediately and once the bank can't pay them, I foresee clashes.

This is my humble opinion, please seun, Lalasticlala and fpmoderator should help move to right section for more opinions.

3 Likes 1 Share

Politics / Re: Emefiele Meets Yakubu, Says CBN Will Not Be Used To Frustrate 2023 Elections by jrobbins: 6:22pm On Feb 07, 2023
Nbote:


Is he the President who approved the currency change? Why una go leave the main culprit dey blame errand boy

They forgot Buhari and Idiagbon changed currency as a military man. Was Emefiele in government then?

Buhari's signature moves are always currency change and border closure.

It was even harder then as there was no electronic banking

3 Likes

Politics / Re: ‘13 Parties’ Threaten To Pull Out Of 2023 Elections Over Naira Redesign by jrobbins: 1:42pm On Feb 06, 2023
ChangetheChange:
All these mushrooms political parties sponsored by Tinubu.
They should go ahead, election is between Atiku and Peter Obi

Read first. You'd see they were saying they'd pull out if the deadline date is extended as requested by APC governor

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