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Widespread Cash Supply Shortage Persists In Banks - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessWidespread Cash Supply Shortage Persists In Banks (24237 Views)

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Re: Widespread Cash Supply Shortage Persists In Banks by NobleAngell(f): 6:33pm On Jan 04, 2022
opera1:
It's a big cash out for POS operators.
I ended up paying 3k charges for 150k withdrawal
Where do they get their cash from? No be still bank?
Re: Widespread Cash Supply Shortage Persists In Banks by Mophor: 6:33pm On Jan 04, 2022
Issokay!!!
Re: Widespread Cash Supply Shortage Persists In Banks by bjtinz: 6:35pm On Jan 04, 2022
Very serious challenge even in Benin. Throughout yuletide I could not withdraw from virtually all banks along the ring road axis
Re: Widespread Cash Supply Shortage Persists In Banks by Tywo2018: 6:35pm On Jan 04, 2022
And some people are spraying Cash bundles at parties any how mints oooo. God is watching
Re: Widespread Cash Supply Shortage Persists In Banks by bobbybrown007: 6:36pm On Jan 04, 2022
Hmmmm, everything is just so funny here, they think I don't no it is a scam here? Money that they will soon use for election? What about the money they went to borrow? Where is it?
Re: Widespread Cash Supply Shortage Persists In Banks by Nobody: 6:37pm On Jan 04, 2022
Lol. We know the cbn will print more money and issue the banks. And then they borrow the citizens for ridiculous usury... It is well.
Re: Widespread Cash Supply Shortage Persists In Banks by Deltafirstson(m): 6:38pm On Jan 04, 2022
Hmm
Re: Widespread Cash Supply Shortage Persists In Banks by joe54: 6:38pm On Jan 04, 2022
The end is near
Re: Widespread Cash Supply Shortage Persists In Banks by LandMann: 6:39pm On Jan 04, 2022
Rubbish... After the bank managers and other bank workers have given the cash to their POS operators to resell to the public at exorbitant price they turn around and tell those who deposited in the bank that there's no cash for them to withdraw.

Corruption kill all of you.

Germany and Hitler should please come and recolonise this shithole for 100 years
Re: Widespread Cash Supply Shortage Persists In Banks by bjtinz: 6:44pm On Jan 04, 2022
I guess they want more people to go cashless. In fairness to them, cashless transfers have been going generally without little or no hitches.
Re: Widespread Cash Supply Shortage Persists In Banks by jojothaiv(m): 6:44pm On Jan 04, 2022
tutudesz:
All of a sudden Bank hardly have cash from 8am to 2pm undecided but POS will always have cash grin and most bankers have staff doing POS undecided
Life itself is a mystery not to talk about life in Nigeria..
Re: Widespread Cash Supply Shortage Persists In Banks by Franktom247(m): 6:45pm On Jan 04, 2022
Make CBN print more money or why dem dey open if they cant print money
Re: Widespread Cash Supply Shortage Persists In Banks by michoim(m): 6:46pm On Jan 04, 2022
This CBN governor is the worst CBN after the Civil war. He even has the guts to travel with friends to Brazil last year just to celebrate his birthday...
Re: Widespread Cash Supply Shortage Persists In Banks by iHart(m): 6:48pm On Jan 04, 2022
This is artificial shortage engineered to make people switch to enaira
Re: Widespread Cash Supply Shortage Persists In Banks by phemmyfour: 6:49pm On Jan 04, 2022
iwaeda:
First time in my adult life, First Bank couldn't pay 500k across counter grin grin grin
We are in a cashless era, can't remember paying anything cash from 100k
Re: Widespread Cash Supply Shortage Persists In Banks by Nicepoker(m): 6:51pm On Jan 04, 2022
[s][quote author= post=109080379]We witnessed that also in most of the major banks all of us @[b][/b] Bank with.[/quote][/s]
Re: Widespread Cash Supply Shortage Persists In Banks by OlujobaSamuel: 6:52pm On Jan 04, 2022
Had similar experience, Stanbic bank could not give me #450k over the counter.
Re: Widespread Cash Supply Shortage Persists In Banks by jrobbins: 6:53pm On Jan 04, 2022
This is entirely true. There was a time we didn't have enough to pay in the Banking hall before considering loading the ATM. It's a deliberate act though..
Re: Widespread Cash Supply Shortage Persists In Banks by Hdhdhd(m): 6:53pm On Jan 04, 2022
Is very simple, politicians have already packed all the money for 2023 election.
Re: Widespread Cash Supply Shortage Persists In Banks by Lambasta: 6:54pm On Jan 04, 2022
Bros I no envy you ooo. You have got the most difficult job on earth at your hand. Is easier to sell an ice to the eskimos than defending Buhari without looking foolish.

[quote author= post=109080426][/quote]
Re: Widespread Cash Supply Shortage Persists In Banks by Lambasta: 6:55pm On Jan 04, 2022
Bros I no envy you ooo. You have got the most difficult job on earth at your hand. Is easier to sell an ice to the eskimos than defending Buhari without looking foolish.

[quote author= post=109080426][/quote]
Re: Widespread Cash Supply Shortage Persists In Banks by Munzy14(m): 6:56pm On Jan 04, 2022
We've been advised to go cashless, but some people still want to act Ignorance of such policy... lipsrsealed

I didn't witness this in Owerri though.

Can't even remember last time I used bank ATM or OTC transactions.
Re: Widespread Cash Supply Shortage Persists In Banks by SmartPolician: 6:56pm On Jan 04, 2022
FarahAideed:
Buhari had the worst performance any president on earth and the entire galaxy in the last 7 years !!!!!!! No leadership can be worse than this ..
Don't sound so sure.
Re: Widespread Cash Supply Shortage Persists In Banks by shedy03(m): 6:56pm On Jan 04, 2022
iwaeda:
First time in my adult life, First Bank couldn't pay 500k across counter grin grin grin
So many things for the first time happening under APC govt
Re: Widespread Cash Supply Shortage Persists In Banks by Edoziesmart(m): 6:56pm On Jan 04, 2022
LandMann:
Rubbish... After the bank managers and other bank workers have given the cash to their POS operators to resell to the public at exorbitant price they turn around and tell those who deposited in the bank that there's no cash for them to withdraw.

Corruption kill all of you.

Germany and Hitler should please come and recolonise this shithole for 100 years
Well said
Re: Widespread Cash Supply Shortage Persists In Banks by muheeb01(m): 6:59pm On Jan 04, 2022
All these people are running personal pos businesses....
Re: Widespread Cash Supply Shortage Persists In Banks by Yoighaman(m): 7:01pm On Jan 04, 2022
Thank God the bigot in Aso Villa just appointed a new Chief Economic Adviser; let's fold our hands and see the impact on the economy.
Re: Widespread Cash Supply Shortage Persists In Banks by ozome15(m): 7:01pm On Jan 04, 2022
FarahAideed:
Buhari had the worst performance any president on earth and the entire galaxy in the last 7 years !!!!!!! No leadership can be worse than this ..
grin grin grin grin grin don't you know how it is said. IT IS FINISHED.! ����
Re: Widespread Cash Supply Shortage Persists In Banks by Gee64: 7:01pm On Jan 04, 2022
What's EFCC doing about this?
POS is now our bank. The banks are using POS to defraud customers nationwide. First Bank Aduwawa Branch in Edo State is a case in point.
Re: Widespread Cash Supply Shortage Persists In Banks by Edoziesmart(m): 7:04pm On Jan 04, 2022
Munzy14:
We've been advised to go cashless, but some people still want to act Ignorance of such policy... lipsrsealed

I didn't witness this in Owerri though.

Can't even remember last time I used bank ATM or OTC transactions.
So all the things you are buying you use mobile banking?
Don't come and sound itk for here please.

No matter how cashless they told us to go, you must surely have fiat in hand to pay for products and services
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