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Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays - Politics (2) - Nairaland

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CBN Uncovers ₦‎4 Million In Ogun, Knocks Commercial Banks / Insecurity!!: Central Bank orders staff to go home straight after work / Lockdown In Ogun Now On Saturdays And Sundays Only - Governor Abiodun (2) (3) (4)

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Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Delphi(m): 8:39pm On Nov 17, 2022
Good move. The other day, Senators were arguing strongly, threatening to invite the CBN governor and to make him extend the deadline for old Naira notes not being legal tender up until April 2023. I shuddered. These are the enemies of the country, the people and the economy. They have stockpiled the Naira notes and intend to use it for the election. I sincerely hope Emefiele refuses their overture. Politicians are the problem of this country. Hence working on Saturday will help increase man-hour for the old Naira collection.

3 Likes

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by chukzyfcbb: 8:39pm On Nov 17, 2022
Pymetrics:
I hope the bank pay for over time of employees.
Pay fire

Worst is you can't even disobey, except in this period of massive layoffs here and there make you no go collect.

1 Like

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by colestephan86: 8:44pm On Nov 17, 2022
OLAADEGBU:


"Consequently, you must return all the current N200, N500, and N1,000 banknotes to your bank before the expiration of the deadline."
Buhari mad man, he gave all the politicians last card before him comot.
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Cutehector(m): 8:47pm On Nov 17, 2022
Bankers are really underpaid!
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Brownshoe: 8:51pm On Nov 17, 2022
This thing na confusion o, my salary usually come out 3-6 of the every month, iya alata, eleran, onigari no go collect transfer and them no go wan collect old naira, how I go do am?




Genius, wise men, pls solve this equation for me o.
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by faceland: 8:56pm On Nov 17, 2022
ValCon888:
All the money must go back into circulation.
Not hidden in underground bunkers by bullion van criminals and corrupt politicians.

It is Nigeria, they can trade the old note for the new one for a small bribe

1 Like

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by DGascon: 8:59pm On Nov 17, 2022
But mek una wait oo. I get question. I never see the new notes abi they ain't in circulation yet? So if I take my old notes to the bank, they won't give me new ones, or if I make withdrawal they will still give me old one?

Mek una clear me, abeg

1 Like

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Nobody: 9:01pm On Nov 17, 2022
The government has just perfected its money control scheme.

So literally with all these rules in place, they are mopping out old money and trying to digitalise the economy, so in a way i can see CBDC gaining popularity in the nearest future
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by blowjohn(m): 9:02pm On Nov 17, 2022
Very good!
Pls include Sundays too.

I don't pity bank staff esp the females
Their shakara is out of this world. And dey no get money o

Please add Sunday too. And increase normal days closing time to 6pm.

1 Like

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by blowjohn(m): 9:03pm On Nov 17, 2022
ghiloman28:
I hope the banks will pay overtime to their staffs haa and no owambe for the rest of the year to them again. Sorry to the teller guys

Pay wetin?
They must work.
Useless over proud humans they are.
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Amaggedon: 9:06pm On Nov 17, 2022
pocohantas:
Mugu. Because you want to retrieve old notes in a hurry, you have chosen to overwork an already overworked set.

What happens to retrieving the old notes systematically? Nigeria is still very much a cash economy, so people must make deposits. Accept it and disburse new notes. In 6 months, we would be done with this.

Next thing now, common man would start having issues at Ile Epo market. One iya that is selling shoko and iru would refuse to take old notes very soon.
That's the reason why our incoming president in the person of H.E Peter Obi is proposing hourly wage for Nigerian workers . We are grossly under paid in this country.

2 Likes

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by descarado: 9:09pm On Nov 17, 2022
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Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Yimmicks: 9:16pm On Nov 17, 2022
My thoughts are with the bankers ehn particularly frontline officers.
This implies they only get Sunday off for rest.
Banking that is ordinarily a stressful work in Nigeria before.
Are there no labour protection laws in Nigeria ni? Oga ooo...

2 Likes

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by dazzlingd(m): 9:16pm On Nov 17, 2022
Will they order the commercial banks to pay for the Saturday work.
Those banks exploit wokers

Very brutal order without considering the life of the staff

3 Likes

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Nobody: 9:17pm On Nov 17, 2022
pocohantas:
Mugu. Because you want to retrieve old notes in a hurry, you have chosen to overwork an already overworked set.

What happens to retrieving the old notes systematically? Nigeria is still very much a cash economy, so people must make deposits. Accept it and disburse new notes. In 6 months, we would be done with this.

Next thing now, common man would start having issues at Ile Epo market. One iya that is selling shoko and iru would refuse to take old notes very soon.
If anybody refused to take the old notes, kindly take it to your bank for deposit then make a withdrawal. This will become applicable when the new naira notes, have been float into the economy.
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Nobody: 9:17pm On Nov 17, 2022
Amaggedon:
That's the reason why our incoming president in the person of H.E Peter Obi is proposing hourly wage for Nigerian workers . We are grossly under paid in this country.

Hourly pay is kinda of bad in a country where pay are low.

Hourly pay won't increase salaries, it might even make more people get sacked or unemployed

1 Like

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Flexguy100: 9:22pm On Nov 17, 2022
Is anyone thinking of how humongous the crowd in banks will be like? Coupled with the usual lack of physical notes during festive season?
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Jemex003: 9:31pm On Nov 17, 2022
Father4all:
rubbish country. The whites should be ready to colonize us again



Gather yourself and your family go Lebanon for colonize then you can come back.
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by uuzba(m): 9:31pm On Nov 17, 2022
ghiloman28:
I hope the banks will pay overtime to their staffs haa and no owambe for the rest of the year to them again. Sorry to the teller guys
But of course
They will all be paid....
..
...with the old Naira notes, after it becomes useless..
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by uuzba(m): 9:35pm On Nov 17, 2022
dazzlingd:
Will they order the commercial banks to pay for the Saturday work.
Those banks exploit wokers

Very brutal order without considering the life of the staff
All bank workers nationwide should simply go on strike .
But will they?
Greed for money will not allow them

1 Like

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by newwise1: 9:39pm On Nov 17, 2022
Useless set
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by feedthenation(m): 9:42pm On Nov 17, 2022
---Most commercial banks open on saturdays anyway---hope the new design currency would work for the economy---
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Confirm4real(m): 9:45pm On Nov 17, 2022
Dem go still extend am anything deadline no dey work for Nigeria.

Meanwhile Tinubu neva put all cash for bank na...

No be so dem do NIN deadline tire.

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by omoyankee3(m): 9:48pm On Nov 17, 2022
EFCC too should work on Saturday
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by MuslimMuslim: 9:48pm On Nov 17, 2022
As if it isn't humans that will do the work.
Don't they need to rest on Saturdays anymore?
Or will they hire more workers and run shifts?
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Coldie(m): 9:50pm On Nov 17, 2022
They should work on Saturdays. Why don’t u increase the pay of the bank workers then?
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Amaggedon: 9:54pm On Nov 17, 2022
thebosstrevor1:


Hourly pay is kinda of bad in a country where pay are low.

Hourly pay won't increase salaries, it might even make more money sacked or unemployed
He also complained about the salary structure of workers and need for restructuring of workers salary . We have a system were 15% is earning over 50% of salary of the entire workforce and the rest is left for 85% . People are working over 8 hours with nothing to show for it. The system encourages corruption. It will be nice if the government do something about it

1 Like

Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by CanadaOrBust: 9:55pm On Nov 17, 2022
DGascon:
But mek una wait oo. I get question. I never see the new notes abi they ain't in circulation yet? So if I take my old notes to the bank, they won't give me new ones, or if I make withdrawal they will still give me old one?

Mek una clear me, abeg

December 15 new notes go start
Try read na
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by lagdmark(m): 10:06pm On Nov 17, 2022
What of those that stocked their looted cash in a Bullion van how can change all the cash.
Buhari did it to target Tinubu abi
Re: Naira Notes Redesign: Central Bank Orders Commercial Banks To Work On Saturdays by Yoighaman(m): 10:17pm On Nov 17, 2022
"Do not spray, squeeze or counterfeit the naira, as default goes with consequences."

Na today?

Na banks dey even supply the mints wey people dey exchange and spray for party.

Anyway, let's all handle the new naira notes with care.

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