₦airaland Forum

Meaning he doesn't spend the polymer note abi. KONTINU

Nwaforj44:
The Central Bank of Nigeria (CBN) has said that it is working with market associations and other stakeholders to enhance the circulation of new naira notes.

The move, according to the central bank, was part of efforts to ensure that the high incidence of dirty naira notes and currency mutilation in the economy was addressed.


CBN Governor, Mr. Godwin Emefiele disclosed this in an interview with journalists in Washington DC.
He assured Nigerians that the central bank would continue to print new notes as well as address concerns about defacing of the nation’s currency.

“We would keep printing new notes. I do know that new notes are being printed.
“Our Director of Currency, the banks and market associations are working together to ensure that those currencies are delivered directly into the markets so that people feel what we are doing,” he added.

Following concerns of rising incidence of mutilated currencies in the economy, the CBN had reduced the amount of money it charges banks for sorting mutilated naira notes from clean ones to N1,000 per box from N12,000 per box. The reduction was however, limited to lower denomination naira notes, or polymer notes, namely N50, N20 and N10 notes.

Also, the reduction to N1, 000 per box which became effective in January, and lasted for three months.
[b]Apart from the clear health risk dirty notes pose to the people who use them[/b],[/b] the country’s national pride is greatly undermined in the eyes of the world.

Studies have also shown that dirty money poses serious health hazard to those who handle it as trillions of such currencies in circulation are full of disgusting germs.
For instance, a study in the Journal of the American Medical Association studied bacteria from coins and notes found potentially harmful germs like fecal bacteria, E. coli and Staphylococcus aureus on 13 per cent of coins and 42 percent of notes.

A separate study by an Irish researcher at the Cork Institute of Technology (CIT), Emma Gabriel that also tested banknotes for Staphylococcus Bacteria showed that 97 per cent of the sample notes tested positive for the presence of potentially dangerous bacteria on their surface. This may be even higher with the dirty and awful smell from most dirty naira.

“The five notes which tested negative were in mint condition, and the older the currency was, the more contaminated it was. The coins were less contaminated because they are made from bacteria-static metals,” the study revealed.

Furthermore, the study showed that dirty money could specifically pose a risk to immuno-suppressed people — people whose defence against bacteria are already low.
According to Wiki, “Currency changes hands constantly” and one never knows where the money in ones’ possession has been, particularly banknotes, which has the tendency to build up grime and may be loaded with bacteria. Notes collect dirt and discoloration from the germs that rub off people’s hands.

Of course, not minding how careful one is, our own local unit- naira- can easily be put to unfit condition.
Based on the arrangement, banks are expected to return mutilated currency to the CBN for clean naira notes.
Hence, they are expected to sort mutilated naira notes from clean ones, before taking the mutilated notes to the CBN for replacement with new ones.

However, to avoid the cost of machines and process for sorting the naira notes, they return the notes unsorted to the CBN.
The Acting Director, Corporate Communications, CBN, Okoroafor had said: “We have enough new ones to issue to them. Our problem is that banks have not been returning these notes because of the fear of sorting that we would charge them.”

http://www.akelicious.net/2018/04/cbn-seeks-end-to-naira-mutilation.html

Pls can u send for skills

Please anyone with copy of the past question should forward to omolayeni@gmail.com. Thanks

my fabulous funaab in the news again. I hope MSSN and the school mgt settles this amicably. #ALUMNI

Strategic Financial Management @ ICAN FINAL STAGE. I even sweat for palm join... but man see 59 when result show face.

karllyG:
You are invited for written and oral interview in mutual Benefit Life Assurance at 25, Olusoji Idowu street, Ilupeju. Lagos.
Date: 27/05/16.
Time: 10àm

Hello, please what was the interview like and I hope it wasn't a marketing job

omolayeni@gmail.com

ollyfatty:
people should not attend it. its not an interview but people who want your money. After all the motivational talk you will be given they ask you to pay 20k. They will confuse you saying you do biz with them they are in partnership with neolife in california
They will play different pastors motivational talk on how to make money.

Did you attend the interview please? Coz I just got an invite from them. Regards

May God save my dear country.

BSc. Banking and Finance
Mathematics, Financial Accounting commerce and Economics
Alapere, ketu, Lagos
07033373989

Good day, I have just sent you a request.

benheart:
Please I just got this, are they real or fake.

On a review of CV,ICIS invited You for an interview FRI 9/6/17 by 9am in our office 98,Hillstar Building,Palm Avenue,Mushin,Lagos.ENQUIRIES081-5863-8695

I got this too. Did you go for the interview or were you able to confirm if fake or Real. Regards

Dear nairalanders, please help verify these job invitations at Ibadan, Oyo state. Make I no go waste transportation money ooo

vivymako:
Thanks so much Abdul... I saw the GMAT you sent. I really appreciate

Please forward copy of the gmat to me. Regards

The mourning is over i guess! wetin money no go cause.

Please forward a copy of the study pack to omolayeni@gmail.com. @tiwa101 and to those that have a copy

the thunder that will strike unilag management is doing press up the gym. #amwithadeyeye

sisichels:
Sent to all the above

please forward the kits to omolayeni@gmail.com. Regards

sisichels:
Sent to all the above

please forward the kits to omolayeni@gmail.com

OneOpinion:
yeah, i do need them...thanks

Please, forward the kits to omolayeni@gmail.com

Minister @ work. #Buhari is working indirectly. PDP oyah wail...

nice discovery @ OP. and to the bad belles who don't know before now but claiming they know GOD is watching you

#hilarious

LIE; tell me you don't know your father's phone number.

Please add 07033373989. regards

please kindly add 07033373989 to Osun state whatsapp group. regards

dis NYSC can be funny! Gen. Kazaure which kind mind playing game be dis na.

Alhamdullilah for safe return. MSSN funaab and other well meaning fabulous Funaabites thank you. I Rep FUNAAB(pioneer speaker BFN).

tuniski:
What have they been working with the last 3months?
Budget won't change anything for as long as the head is not correct. Using budget passage as an excuse is lame.

Am sure you don't understand what a budget means. #dullhead

...and a governor with more than enough resources will be commissioning similar project. Fayose shame on you.

omolayeni@gmail.com