CBN Directs Banks To Pay Customers With ₦100, ₦50, ₦20, ₦10, ₦5 Over-The-Counter - Business (2)

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 (30770 Views)

1 2 3 4 5 6 7 Reply (Go Down)

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 Nobody: 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

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!
cool

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

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:
Guys, you all need to calm down, there is serious cleansing going on under ground for the betterment of Nigerian people.

Due to the dementia patient in our midst.

is that your father??

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:
Na to carry ghana must go bag follow body be dat o o 🤣🤣🤣

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:
So beautiful. Let the #1,000 be rarely seen abeg. So many people don't know that #5 Is in note and a legal tender.

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:
Guys, you all need to calm down, there is serious cleansing going on under ground for the betterment of Nigerian people.

Due to the dementia patient in our midst.

. 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:
So beautiful. Let the #1,000 be rarely seen abeg. So many people don't know that #5 Is in note and a legal tender.

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:
Guys, you all need to calm down, there is serious cleansing going on under ground for the betterment of Nigerian people.

Due to the dementia patient in our midst.

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:
WORST CBN GOVERNOR EVER.

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 coins?

What about our cowries?

2 Likes

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