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New Notes: CBN To Monitor Banks' Vaults - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessNew Notes: CBN To Monitor Banks' Vaults (17512 Views)

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Re: New Notes: CBN To Monitor Banks' Vaults by yusuf0876(m): 7:41am On Jan 30, 2023
jeromestarks:
These stupid POS operators are supposed to collect the old notes when you deposit and give you only new notes when you withdraw but some do not.

There is this particularly stupid and senseless boy in my neighborhood. He will keep the new notes hidden in his shop and give you only old notes.
How can I report him to CBN please ?
why will you have to report him to cbn??
Re: New Notes: CBN To Monitor Banks' Vaults by Benblaq(m): 7:41am On Jan 30, 2023
The main plan is to keep an eye on Tinubu and his cohorts. Lol. Money inducement will not work this time.
Re: New Notes: CBN To Monitor Banks' Vaults by Igboslayer: 7:42am On Jan 30, 2023
EnterpriseMan:
Shut up you shit licking dog, she already has more sense than you will ever have. You obviously have nothing noteworthy in life to achieve or you would have sense. slowpoke!
Spits!! on the shallow grave you will be buried in if you even get a grave, Useless skull miner angry angry angry
You are obviously damaged with hatred. I beg take your frustration elsewhere. I am not the reason for your poverty and stupidity… you will eventually die of hate.
Re: New Notes: CBN To Monitor Banks' Vaults by EnterpriseMan(m): 7:44am On Jan 30, 2023
Igboslayer:
You are obviously damaged with hatred. I beg take your frustration elsewhere. I am not the reason for your poverty and stupidity… you will eventually die of hate.
I overcame poverty years ago grin grin grin and my hate is only towards retards like you grin grin no hard feelings
Re: New Notes: CBN To Monitor Banks' Vaults by Parachoko:
gimakon:
grin before you start insulting people , Listen to what I have to say.
As a hear say politician that you are with no proper control of your tounge , you speak because of few penny given to you. Politicians will embezzle money and give you, you vote and suffer another 8 years, try day reason bros. You wan continue to sell your children future to people way their children day best countries, day study for UK and all, and can afford any lifestyle because money them suppose give you and me to be better people , na few families hold am?

You need to reason critically. Before you build a house, or renovate a house, or road, things must scatter, after the scattering, then we fix it. Like i said, i no like Buhari and Emefiele, but this one, i commend them.
There's no country in the World, where the currency will be change in just 3 month

Not even in small Sweden or UK which are both smaller than Nigeria in terms of land mass and the population.

The Cashless policy have been existing before Emefiele became the Gov., there's a reason the policy have not kick off in full and some of the reasons have not even been tackle yet.

The new notes have not circulate well, but people like you see no problem with that. A lot of ATMs in Lagos no even get the new notes during the weekend, if there is scarcity of the new notes in Lagos, don't you imagine how e go choke for some LG areas that do not have a single bank?

You're not even thinking about the anarchy this will lead to when people can't withdraw money or when their old money useless for them hand?

India did something like this under Modi, it affected the India Economy negatively for 4 quarters.

This policy does not make sense, The old nairas can't be deposited in banks in 3 month and the new notes can't spread all over Nigeria in 3 months

In sane countries, they don't fix a deadline for when the old notes can be return. Even though a new ₦100 note was introduce when we were celebrating Nigerian centenary, did the Government announce the old ₦100 will be phase out?

Abeg think of the economy consequence.this will lead to all over Nigeria.

If the banks keep on paying the old notes over the counter, and there is still scarcity of the new notes all over Nigeria, the policy will still have to be extended.
Re: New Notes: CBN To Monitor Banks' Vaults by okoroemeka(m): 7:52am On Jan 30, 2023
Itisallright:
In fact the whole stuff is already sabotage, those to supervise are human nurtured in a corrupt environment, you never expect miracle from them. They should have stand on that 31st abeg
if the government stood on that 31st deadline the country may collapse into anarchy because there is no new notes available,the method we solve problems in this country is a case of throwing away the dirty water with the baby,soap and sponge included,how do you want to stop vote buying, corruption and kidnapping by redesigning your currency?how do you want to fight kidnapping and banditry by switching off telcom signal?is it a big deal for the politicians to convince with bank official and use payloader and tipper to load the old cash they stockpiled in warehouses to exchange for the new ones,don't be surprised this is what is making the new notes scarce,I read a report that out of 11 trillion naira cash in Nigeria 7 trillion are hoarded and not in circulation only 4 trillion is moving about,so you see that the scarcity will continue and majority of these politicians are board members of many banks and financial institutions.
Re: New Notes: CBN To Monitor Banks' Vaults by galaxy2020(m): 7:52am On Jan 30, 2023
This is what they should have done from day one, medicine after death.
Re: New Notes: CBN To Monitor Banks' Vaults by Igboslayer:
EnterpriseMan:
I overcame poverty years ago grin grin grin and my hate is only towards retards like you grin grin no hard feelings
You overcame poverty and you are this bitter. Rich person no get time for stupid hatred. You dey deceive yourself, instead of you to put up your account make we give you some money to survive, you dey cap yourself as rich person. Dey play ooo

You dey lie to yourself..::Poverty still sinks and oozes out of your soul. You are totally damaged by poverty and hatred. It’s obvious. Because you are poverty personified don’t put your frustration on me.

Re: New Notes: CBN To Monitor Banks' Vaults by Threebear(m): 7:57am On Jan 30, 2023
MajorOvakporaye:
The way Gbola Thiefnubuu wept bitterly in Ogun State last week over the Naira redesign clearly shows that he has evil plans which will be brought to ruins next month. An old demented drug criminal whose only hope is on vote buying and thuggery.
You really think scarcity of new naira notes will affect Tinubu? 😁🤦🏼‍♀️

Most of these politicians loot in foreign currencies ,they know naira has no value .

Ordinary men and women , traders and small time entrepreneurs are the ones that will be affected.

Tinubu has the whole Yoruba region ready to vote for him , if he can get some votes from the Hausa regions , he's definitely going to win .

He doesn't need to buy anything .

And I'm an obidient , but one with sense and in touch with reality .

Re: New Notes: CBN To Monitor Banks' Vaults by cedricksly: 8:07am On Jan 30, 2023
GOFRONT:
Anytime I see CBN, I see a combination of Buhari and Emefiele........And since Buhari is in the equation, I guess he will want to use the DSS to do the monitoring of the strong room just the same way he use the DSS to monitor petrol filling stations during fuel scarcity.

Everything DSS
lol na their work be that... But no dss will not be used on this bank monitoring, EFCC and ICPC will be used...
Re: New Notes: CBN To Monitor Banks' Vaults by cokeryusuf09(m): 8:12am On Jan 30, 2023
justmondris:
One even charged me 200 Naira instead of 100 Naira to withdraw 5000 because he gave me new notes.
I told a pos agent why is he doing that, and he said, I move from one branch atm to another to get new notes with bike. So how do recover my expenses
Re: New Notes: CBN To Monitor Banks' Vaults by Neoteny7: 8:16am On Jan 30, 2023
It's actually stupidly simple: banks are holding on to cash to prevent runs on the banks as panicked customers flock to withdraw whatever they can to hold on to for dear life.

Also, the POS operators are contributing to the problem. Some of them repatriate old notes and sell the new ones for a significant margin, and queue back up to deposit the old notes in the banking hall, then withdraw new notes at the ATM to keep the cycle going.

I've also noticed a curious, almost fetishist, attraction Nigerians have for the new notes. It's almost become a status symbol to acquire fresh new batches for admiration and posing.
Re: New Notes: CBN To Monitor Banks' Vaults by MajorOvakporaye(f): 8:22am On Jan 30, 2023
Threebear:
You really think scarcity of new naira notes will affect Tinubu? 😁🤦🏼‍♀️

Most of these politicians loot in foreign currencies ,they know naira has no value .

Ordinary men and women , traders and small time entrepreneurs are the ones that will be affected.

Tinubu has the whole Yoruba region ready to vote for him , if he can get some votes from the Hausa regions , he's definitely going to win .

He doesn't need to buy anything .

And I'm an obidient , but one with sense and in touch with reality .
FVCK OFF!!! I DON'T DEBATE WITH AMALA AND EWEDU MISCREANTS.
Re: New Notes: CBN To Monitor Banks' Vaults by MajorOvakporaye(f): 8:27am On Jan 30, 2023
Igboslayer:
A woman like you with such bitterness. You don’t even have pity for yourself, parents and many poor people around you that’s suffering hardship because of these foolish decision by Emefiele to favor his brother in PDP (Okowa)

Tinubu will never have problem accessing any money, not even the new Naira note. All he needs is to call one bank manager to bring anything he want to him, but his concern for the intense suffering caused by this unnecessary exercise.

But una dey jubilate in suffering because of hatred, it will never affect Tinubu. But continue in your suffering and jubilation. Na your papa be old demented fool. You will never live to see old age for been this foolish.
I am not surprise. This is coming from the idiotic son of a useless drunk father and a cheap shameless good for nothing prostitute mother. Ogun strike you there, you useless bastard!
Re: New Notes: CBN To Monitor Banks' Vaults by Igboslayer:
MajorOvakporaye:
I am not surprise. This is coming from the idiotic son of a useless drunk father and a cheap shameless good for nothing prostitute mother. Ogun strike you there, you useless bastard!
What an inglorious bastard. Poverty has damaged your life. Tinubu and I are never the source of your poverty and frustration. Go and work to earn money and stop constituting nuisance on Nairaland.

Your poverty still remains!


MajorOvakporaye:
I've an aunt who is fond of interfering in matters that don't necessarily concern her.she dey always act like person wey winch send to come fight me. She recently deprived me of some benefits I was suppose to get from my family because of too much bad belle talk against me. Na so I plan her yesterday morning. I use her toothbrush take wash toilet. I use the toothbrush to scrub the innermost part of the WC, those places wey poo poo dey always fly enter if you dey flush toilet.

i saw her when she was going to brush her mouth with the brush.na so me cringe with cold at the sight of wetin she wan do.if she continues, next will be to use her toothbrush to scrub inside the toilet pipes at the backyard
Have you finally killed your Aunty? You can’t be this hateful and not have problems.

Re: New Notes: CBN To Monitor Banks' Vaults by jeromestarks: 8:47am On Jan 30, 2023
yusuf0876:
why will you have to report him to cbn??
He is supposed to take the old notes to the bank. Not circulating it.

It's wrong for POS to give u old notes. Just as it is wrong for banks to give u old notes.
Re: New Notes: CBN To Monitor Banks' Vaults by jeromestarks: 8:48am On Jan 30, 2023
justmondris:
One even charged me 200 Naira instead of 100 Naira to withdraw 5000 because he gave me new notes.
Imagine that.
Nigerians are the ones making the nation difficult for their fellow citizens.
Re: New Notes: CBN To Monitor Banks' Vaults by jeromestarks: 8:51am On Jan 30, 2023
Parachoko:
You can't

The old note is still a legal tender

If you are not comfortable with what he is doing, go and withdraw the new note at the ATM
You lack understanding.
POS is registered with a bank. They work under banks.
CBN is trying to collect all the old notes. It's their job to return the old notes to banks and banks will return it to CBN. It's a stupid thing to keep circulating it.

The extension is to make people return the money not to keep circulating it.
Re: New Notes: CBN To Monitor Banks' Vaults by Parachoko: 8:54am On Jan 30, 2023
jeromestarks:
You lack understanding.
POS is registered with a bank. They work under banks.
CBN is trying to collect all the old notes. It's their job to return the old notes to banks and banks will return it to CBN. It's a stupid thing to keep circulating it.

The extension is to make people return the money not to keep circulating it.
You're dumb

Even banks still give people the old notes over the counter as at this morning, but a dumb thing like you feel the POS should not dispense old notes again

No go deposit your old cash for bank yourself

Mugu!!
Re: New Notes: CBN To Monitor Banks' Vaults by EnterpriseMan(m): 9:15am On Jan 30, 2023
Igboslayer:
You overcame poverty and you are this bitter. Rich person no get time for stupid hatred. You dey deceive yourself, instead of you to put up your account make we give you some money to survive, you dey cap yourself as rich person. Dey play ooo

You dey lie to yourself..::Poverty still sinks and oozes out of your soul. You are totally damaged by poverty and hatred. It’s obvious. Because you are poverty personified don’t put your frustration on me.
grin grin grin your replies keep getting longer grin grin I'm not delusional unlike you. Very easy to spot hand to mouth people grin grin grin Go and hustle and stop carrying politics on your head. Hustle for now till your last breath, you will always be a bottom class civilian and a slave grin grin Look at the person saying drop your account 😂😂 like all the money you have made in your life so far will make a difference to me. Keep on dream clown because its only in your dream can you achieve anything meaningful 🤡🤡🤡

Expecting your reply, its keeping me entertained 😂😂
Re: New Notes: CBN To Monitor Banks' Vaults by jeromestarks: 9:16am On Jan 30, 2023
Parachoko:
You're dumb

Even banks still give people the old notes over the counter as at this morning, but a dumb thing like you feel the POS should not dispense old notes again

No go deposit your old cash for bank yourself

Mugu!!
I see what's happening here. You're one of the stupid POS operators.
Re: New Notes: CBN To Monitor Banks' Vaults by JAYUK(m): 9:44am On Jan 30, 2023
The bank vaults are empty of these new notes, the new notes are loaded in all the ATMs once received, Nigerians are quick to assert on things they cannot defend when called upon, branches do not have the required cash for the ATMs let alone branch managers having a field day as alledged. Go and collect your PVCs and prepare to vote wisely.
Re: New Notes: CBN To Monitor Banks' Vaults by Igboslayer:
EnterpriseMan:
grin grin grin your replies keep getting longer grin grin I'm not delusional unlike you. Very easy to spot hand to mouth people grin grin grin Go and hustle and stop carrying politics on your head. Hustle for now till your last breath, you will always be a bottom class civilian and a slave grin grin Look at the person saying drop your account 😂😂 like all the money you have made in your life so far will make a difference to me. Keep on dream clown because its only in your dream can you achieve anything meaningful 🤡🤡🤡

Expecting your reply, its keeping me entertained 😂😂
What an inglorious bastard. You need to work on your poverty stricken life that makes you insult people like a foolish squalor.

Rich people don’t have time for hate… Why I go dey hate a stupid bastard like you…. only poor people like you romanced curses and insults. He no go better for you las las.

Re: New Notes: CBN To Monitor Banks' Vaults by Ireportlive: 9:59am On Jan 30, 2023
jimi4us:
wike wey don settle his connects since.

when he employed 200,000 aides last year you think he is joking. he has spread his wings since. settle them.

if you want to understand the work that those aides are doing go and paste Atiku poster anywhere in rivers state make them catch you
Lol

That's true.. he issued the 4 billion for their payment the day of their inuaguration

Wike would teach many people new style of politics
Re: New Notes: CBN To Monitor Banks' Vaults by Menclothing: 10:35am On Jan 30, 2023
You don't print enough what do u expect 1 to 53
Re: New Notes: CBN To Monitor Banks' Vaults by Nobody: 11:05am On Jan 30, 2023
HisGraceBet:
Fake naira
They there and be shouting fake naira, e go shock you
Re: New Notes: CBN To Monitor Banks' Vaults by EnterpriseMan(m): 11:50am On Jan 30, 2023
Igboslayer:
What an inglorious bastard. You need to work on your poverty stricken life that makes you insult people like a foolish squalor.

Rich people don’t have time for hate… Why I go dey hate a stupid bastard like you…. only poor people like you romanced curses and insults. He no go better for you las las.
😂😂😂 No one hates you, you're just an object of ridicule.
Lol and i'm not an igbo man or whatever you call them, try harder 🤡🤡🤡🤡🤡
Re: New Notes: CBN To Monitor Banks' Vaults by 2023NaijaVoter: 12:22pm On Jan 30, 2023
I thought many banks have been the culprits in the non-successful and slow distribution of the new notes. undecided
Re: New Notes: CBN To Monitor Banks' Vaults by Igboslayer: 12:54pm On Jan 30, 2023
EnterpriseMan:
😂😂😂 No one hates you, you're just an object of ridicule.
Lol and i'm not an igbo man or whatever you call them, try harder 🤡🤡🤡🤡🤡
Poverty don damage your life because of hate. You better resuscitate your failed fish farming and quit bet9ja, you can't fake it to make it....else you will never amount to anything good in life if you continue at this rate.
Re: New Notes: CBN To Monitor Banks' Vaults by knowhowk: 1:48pm On Jan 30, 2023
How ? huh
Re: New Notes: CBN To Monitor Banks' Vaults by justmondris: 1:55pm On Jan 30, 2023
cokeryusuf09:
I told a pos agent why is he doing that, and he said, I move from one branch atm to another to get new notes with bike. So how do recover my expenses
What a stupid excuse
Re: New Notes: CBN To Monitor Banks' Vaults by EnterpriseMan(m): 2:20pm On Jan 30, 2023
Igboslayer:
Poverty don damage your life because of hate. You better resuscitate your failed fish farming and quit bet9ja, you can't fake it to make it....else you will never amount to anything good in life if you continue at this rate.
🤡🤡🤡 pained clown grin grin , if you're hungry just say you need some spare change grin grin , i don't mind helping out a bottom class civilian 😂😂😂 or you i could give you a job as a security guard, i mean that's the highest achievement you can amount to isn't it? 🤡🤡
just hit me up, i don't mind wink
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