Peterobi90:
This is just to disuade cash payments to support the new currency..

SensetionalGoal:
The policy is very bad.. imagine maximum of 100 thousand weekly 20k daily

Is it that emefiele is out of his mind or he simply don't know what he's doing...


Nlfpmod
Mynd44
Suen

Front page please for wider read.

Godfullsam:



Both

BigYash:
Politicians alone want to be enjoying the country. And those limit shit won't affect them.. Once they get to the bank and talk with bank manager.. Give him small %tage,they will still do what they want to do . CBN is just out to put more hardship on poor masses.. Useless CBN Governor ,useless Apshit ,useless finance minister ,useless buhari

Misterone:
This policy is only for a time and there's a reason for this. When the redesigned naira notes comes out, some people will start selling it. To prevent or restrict this to the bearest minimum, the CBN decided to implement this policy. Also note that denominations above N200 will not be inside an ATM machine. Therefore for those who are thinking of making brisk business by collecting old notes from criminals at high rates then going to the ATM to withdraw new notes, sorry is your middle name. You have to enter the bank to get the new notes

guobe:
They are illiterates and don't have time for bank accounts.

Misterone:
This policy is only for a time and there's a reason for this. When the redesigned naira notes comes out, some people will start selling it. To prevent or restrict this to the bearest minimum, the CBN decided to implement this policy. Also note that denominations above N200 will not be inside an ATM machine. Therefore for those who are thinking of making brisk business by collecting old notes from criminals at high rates then going to the ATM to withdraw new notes, sorry is your middle name. You have to enter the bank to get the new notes

BigYash:
Politicians alone want to be enjoying the country. And those limit shit won't affect them.. Once they get to the bank and talk with bank manager.. Give him small %tage,they will still do what they want to do . CBN is just out to put more hardship on poor masses.. Useless CBN Governor ,useless Apshit ,useless finance minister ,useless buhari

emorse:

No vex o. Shey dem dey learn how to run bank account for school?

Himtulie247:
Go get knowledge first

guobe:
watin concern who no sabi read and write with bank account.

Prometheus666:


Will fuel stations take bank transfers now?

The policy is to ensure that Nigeria is transitioned to digital payment systems, that is great, the challenge is, if POS payments are so limited. How do we pay for Fuels are fuel stations. Two customers will exhaust the limit and the rest of the customers will line up at ATM to withdraw cash before heading to buy fuels. Hopefully fuel stations will introduce digital barcode scanning p2p payments as in china for ease of payments.

And construction companies have to figure out how to access cash to pay labourers who prefer fruits of the labour in cash at the end of the day.

Munamoqel:
keep quiet . If don't have to say but wail endless . Any legimate transaction can be done via transfer you can withdraw 400k per week if you want more open a business accounts . Super market use transfer and pos . Markets use transfer . 90 percent of bank accounts don't have 500k so why una dey shout self .

squash47:

Comrade please stop stressing yourself educating the ignorant Nigerians. They don't know that government is trying to reduce kidnapping and online crime with the policy.

Munamoqel:
why will she pay dollars in Nigeria ?do you pay naira in the Uk accounts ? She supposed to change all her dollars at the airport BDC to naira and use in Nigeria .if you hate naira you are free to japa and never return . It illegal to move with a foreigner currency in a Nation . If she deposit USD she is supposed to transfer to international transaction not to speculative and destroy the naira .Na God catch am for contributing to inflation in Nigeria .she should collect naira @450.

Jeffyblaq:

Young man,
Stop sounding silly this morning..
Like one can no longer hav a domiciliary account anymore or even have some foreign currencies outside her/his country?

Damn it!

FarahAideed:


My brother I was in Lebanon early this year , this is the same thing abeg , when satanic Islamic fundamentalists have ruined a place this is what they resort to

guobe:
lol reduce kidnapping.you guys are funny.who born you well make kidnappers kidnap you and ask for ransom and you don't bring the money at the stipulated time.na gone too soon get you.your relatives will ensure every means to bail you out including selling their properties. You go tell the kidnappers say Government put policy say no money.lol.

guobe:
can you transfer 5000 naira to a market woman in Nigeria.Uk is developed already and they make use of sophisticated technology.you can't compare both.moreover UK is not in debt like Nigeria and their currency is strong.

Prometheus666:


Will fuel stations take bank transfers now?

The policy is to ensure that Nigeria is transitioned to digital payment systems, that is great, the challenge is, if POS payments are so limited. How do we pay for Fuels are fuel stations. Two customers will exhaust the limit and the rest of the customers will line up at ATM to withdraw cash before heading to buy fuels. Hopefully fuel stations will introduce digital barcode scanning p2p payments as in china for ease of payments.

And construction companies have to figure out how to access cash to pay labourers who prefer fruits of the labour in cash at the end of the day.

Metallurgist:
My brother u are a satanic christain fundamentalist LIAR, sitting on the street corner and saying you have been in Lebanon, Damm jobless nigga

Trymeagain:


Use your card in the filling station

emorse:

You (and many others I dare say) don't seem to get the POS part at all. It's 20k per transaction per account. So the 30k counts from the customers' account and not from the agent's.

Labourers on the other hand would have to accept bank transfers too.

Prometheus666:


Funny how you said it. My average spend on via card payments exceed a 300k daily. My trucks alone takes over a 100k for diesel and what construction equipments. Then shopping and stuff. I guess alternative is to build tank farm to store fuel and safe deposit box to store cash.

Prometheus666:


Most fuel stations on my drive routes barely use it cos of network issues. Hopefully network is improvd