Issuance Of New Naira Bank Notes- What You Need To Know - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Issuance Of New Naira Bank Notes- What You Need To Know (850 Views)
| Issuance Of New Naira Bank Notes- What You Need To Know by cremedelacreme(op): 3:34pm On Oct 31, 2022 |
The Central Bank of Nigeria (CBN) has announced its plan to redesign and circulate a new series of banknotes - N200, N500, and N1,000 - starting December 15th, 2022. Existing banknotes for these denominations will remain legal until January 31st, 2023. What does this mean for Bank customers? • Customers can start depositing existing naira notes into their Bank accounts to enable them to withdraw the new notes when they are in circulation. • Bank charges for cash deposits only are now suspended immediately. • Customers will no longer spend the existing banknotes (N200, N500, and N1000) come February 1st, 2023.
|
| Re: Issuance Of New Naira Bank Notes- What You Need To Know by SensetionalGoal(m): 4:07pm On Oct 31, 2022 |
But how does this contribute meaningfully to average Nigerians  . |
| Re: Issuance Of New Naira Bank Notes- What You Need To Know by Deprofessional(m): 4:41pm On Oct 31, 2022 |
SensetionalGoal:stupid question. how does the old note contribute meaningfully to average nigerians? |
| Re: Issuance Of New Naira Bank Notes- What You Need To Know by SensetionalGoal(m): 5:05pm On Oct 31, 2022 |
Deprofessional:I'm not against the policy bro, but the timing is wrong naa... |
| Re: Issuance Of New Naira Bank Notes- What You Need To Know by cremedelacreme(op): 6:18pm On Oct 31, 2022 |
I think the timing is OK considering the fact that many politicians must have stashed billions of naira for next year's election. |
Nyesom Wike Has Pegged The Cost Of Issuance Of A (C-of-O) At N5 Million. • Wike Inaugurates Task Force On Issuance Of C Of O For Mass Housing In Abuja • Lagos Commences Issuance Of Official Statements In Yoruba, Egun & English • 2 • 3 • 4
Order In Lagos Before Tinubu Appeared: Picture • 2023: Vote Whoever You Like, Regardless Of Political Party, Buhari To Nigerians • Terror Alert: Ghana Warns Citizens Against Travelling To Abuja