CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter - Business (2) - Nairaland
Nairaland Forum / Nairaland / General / Business / CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter (28579 Views)
CBN Directs Banks To Impose 0.5% Cybersecurity Levy On All Transactions / Banks To Pay Customers Money Sent From Abroad In Naira / CBN Directs Banks To Accept Deposits Beyond Cashless Policy Limit (2) (3) (4)
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| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Godsown0: 4:25pm On Jan 31, 2023 |
 2 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Omoapena(m): 4:25pm On Jan 31, 2023 |
Lolz Well, it's good but it will only make our country like that of Somalia, imagine going to market to buy groceries that worth 200k from market sellers and you're going to market with cash of 200k in 50naira denominations, wouldn't that be too much to carry... He's trying to enforce cashless but it just can't work in country like Nigeria, our network isn't stable for cashless policy... 6 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by condralbedez: 4:26pm On Jan 31, 2023 |
Ok 2 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by FashionCookie(f): 4:26pm On Jan 31, 2023 |
Mumu pple...make una dey play. 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by millionboi2: 4:26pm On Jan 31, 2023 |
Na craze dey worry them 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by MichaelSokoto(m): 4:26pm On Jan 31, 2023 |
Beautiful!  1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Sammy0787: 4:26pm On Jan 31, 2023 |
As if they can buy anything tangible 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by sunboy(m): 4:27pm On Jan 31, 2023 |
They should add coin of upto 50naira per withdrawal. That’s also a legal tender. 6 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Ventura1: 4:27pm On Jan 31, 2023 |
😂 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by alchemy007(m): 4:27pm On Jan 31, 2023 |
This is clarion call to the cashless economy. But I must confess that they are not doing a good job at it. They could much better! 3 Likes 1 Share |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by adecz: 4:27pm On Jan 31, 2023 |
 Question is, do they have enough of these denominations to meet the national demand❓❓ Emefiele and APC appointees talk and act without thinking. Next thing, when you get to the bank, they will tell you that no small denominations and they have been instructed not to pay higher denominations, so, go and come back later. 2 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by PresidentAtiku(m): 4:27pm On Jan 31, 2023 |
Na wa oo A new government may come in and reverse all these policies 5 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by XerXerz: 4:28pm On Jan 31, 2023 |
Ok 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by johnpalmer774(m): 4:28pm On Jan 31, 2023 |
COLOURCUT: 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by iamoyindamola(m): 4:28pm On Jan 31, 2023 |
Blueraydick you go lucky yesterday then 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by amas11: 4:29pm On Jan 31, 2023 |
One zero to be removed from the back of the naira 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by tuborme: 4:29pm On Jan 31, 2023 |
Indispensable85: Your maximum withdrawal is 100k 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by ufotunang: 4:29pm On Jan 31, 2023 |
Useless CBN governor...so if a person wants to withdraw 50k... of 100 naira, 50 naira notes he will carry Ghana must go bag....nawaoooo 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by OlujobaSamuel: 4:30pm On Jan 31, 2023 |
Is the CBN giving banks enough of this lower denominations? How about the cost of moving it? I Sha know bank can't give me huge fund without putting it in a bag which is an added cost 1 Like 1 Share |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Emaprince: 4:30pm On Jan 31, 2023 |
rexesq:Can you buy anything with 5naira 4 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Nobody: 4:30pm On Jan 31, 2023 |
Interesting time 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by NaijaCover(m): 4:30pm On Jan 31, 2023 |
Nawa o 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Rightmindset: 4:31pm On Jan 31, 2023 |
Who can explain how he used N5 the last time? That N5 and N10 are as useless as anything. 4 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Sonnobax15(m): 4:32pm On Jan 31, 2023 |
COLOURCUT:. I swear,but many ignorant Nigerians won't understand...... 5 Likes 1 Share |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by SenecaTheYonger: 4:32pm On Jan 31, 2023 |
One step foward, 40 steps backward 3 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by JuanDeDios: 4:34pm On Jan 31, 2023 |
rexesq:Lol. N1,000 = $1.35. That's what should "rarely be seen". Una well done o. 4 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by arsenal33: 4:35pm On Jan 31, 2023 |
All those supporters of the CBN in this madness. Shey una dey see o 2 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by koby86: 4:35pm On Jan 31, 2023 |
Lol...... the unlike person wey go want to withdraw 100k dey tell am say na only #10 notes dey 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Maxxim: 4:35pm On Jan 31, 2023 |
COLOURCUT:Dey there dey deceive una sef 2 Likes |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by MrPADDY(m): 4:35pm On Jan 31, 2023 |
This looks like a soft landing for the low income earners. All the best. 1 Like |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by Flier: 4:36pm On Jan 31, 2023 |
Osidazz19:He keep shooting himself,why do they have to resort to lower denominations if new notes is available ?he does not want cash in circulation for election but he forgot Nigerians must eat before election 7 Likes 1 Share |
| Re: CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter by CaptainFM1: 4:37pm On Jan 31, 2023 |
bibianna: What about our cowries? 2 Likes |
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CBN Asks Nigerians To Reject Old Naira Notes From Banks / How Much Can Set Up A Standard Men’s Boutique In Ikeja? / Withdrawing From Domiciliary Account
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