Confused
Bank of
Nigeria

C
B
N.

YorubaSamurai:
tinubu wins again..
untimely death locate obi and his family plus supporters.. amen

Back to sender 700 times to you and your house

seunmsg:
CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

This kind of policy summersault is what happens when you try to implement an illegal decision despite the order of the Supreme Court and the very obvious hardship that citizens are facing. Kudos to the courageous governors who have ordered their residents to continue to accept the old notes as means of exchange. They are the heroes this period. Big shame on all those who are supporting the suffering that Buhari and Emefiele are inflicting on Nigerians simply because of politics. After the election, Asiwaju Bola Tinubu will reverse the inhuman policy.

This ode has turned on Buhari just so he could secure his next meal. Just kill yourself dude. This is no way to live

IamAsiri:


No, it isn't.

Since banks can accept them until Apri, why not? Forget the English they used to save face.

That means they are still legal tender if the banks can collect them !! Naizooria sef

E never clear finish for their eyes, e remain small.

Buhari4sale:
Cool, I'm going back to that place again tonight

The girls didn't collect old notes from customers last night. I need to fvck badly.

you dey mental lol

Spherica177:
it is a legal tender from the directive of CBN

I can collect old notes as a business man and go deposit in any commercial banks

Do you know the stress and the queue inside the bank? You want to keep passing tru such daily?

Thewrath:
Foolish people celebrating it as a win for tunubu,the process is still thesame,you still need a reference number from cbn to pay in and at max 500k….this is what the cbn wants,the aim is still on track to mop up all old notes before election.

Tinubu don't need old note to buy votes try to wake up

A president gave a directive and some governors are giving their own in their different state can't you see the dullard in aso rock already lose value and respect ? They will continue using that old note to buy vote during election and when the idiot leave aso Villa new government will approve it for spending and everything will be back to normal those politicians are already far above Buhari
Either he like it or not the dullard and idiot Emefiele is living office in few months

tommy589:

Policy summersault
Don't they think this through before activating it? Imagine a policy IMF and other financial institutions condemns

Mr Emefiele is trying the Masses anger, for locking down their Money and he started telling' them stories!
Why are we like this ,as a Nation?
Why can't we be truthful in all we do?
Why should the Masses be suffering while the CBN Governor and his entourage are spending New Notes,while even the Old Notes summited by their directives are not replaced immediately with the New ones?
Shame!

meglith1:


Source: https://punchng.com/breaking-cbn-orders-banks-to-collect-old-n500-n1000-notes/

Peter Obi God go continue to shame you

Is there a deadline?

Why is everything so lopsided and nonsensical in this country??

Goke7:


If people are smart, they should keep their notes so they still have something with them. Buhari and CBN are already panicking

dey play! ⏯️

Biodun556:


I learnt CBN Ibadan is burnt down

meglith1:


Source: https://punchng.com/breaking-cbn-orders-banks-to-collect-old-n500-n1000-notes/

I don’t think this is real, I just check CBN handles and nothing like that is posted on their handle. Anyway all the best

meglith1:


Source: https://punchng.com/breaking-cbn-orders-banks-to-collect-old-n500-n1000-notes/

May we never experience this confussionist as Cbn gov again

Jflex07:
Do you know the stress and the queue inside the bank? You want to keep passing tru such daily?

I don't mind, provided my business is moving

Spiritmask:


You can't generate the reference code more than once with your BVN, and you can't use the code for more than one deposit.
So if you like go to 500 banks

This Nigeria. He can get 10 relations and use them for the deposit. So forget the English.

Where are those alleging that APC is the reason for the decisions regarding non collection of the #500 and #1000? Ntoyin!

Something is definitely wrong with our leadership policy making decision.
From the incessant of this decision, people both literates and illiterates have predicted what ll happen and rightly they are happening.
From my own view am not against the policy but the implementation time is what am against. This is totally the wrong time, it should have come up 2 years ago or next 1 year to come.
I fear for the forthcoming election, due to the confrontation with the security agencies, because the anger of the masses ll not ease till then.
God bless Nigeria.

Confused CBN, when people jam pack their server again to generate reference code they will say deposit without reference.

Bunch of confused people.

[quote author=Spherica177 post=120989353]I don't mind, provided my business is moving

Thanks jare, I love your reply.

salesbloo:
You see why APC Governors are right



Emefiele is a clown

I can deposit 500K in 5 different bank accounts making 2.5m meaning old notes is still a legal tender .....since the deadline specified is April 10 . Alternatively if you have individual and corporate accounts ....500k in each account


Redesign Policy is completely defeated.

You are the said Clown here. Didn't you read that you have to go through CBN portal? If any of the recent digital identity numbers are ask from you(bvn or nin);the number of times you want to redeem the money will easily appear like a mid-day sun.

shegra58:
Tinubu don't need old note to buy votes try to wake up

A president gave a directive and some governors are giving their own in their different state can't you see the dullard in aso rock already lose value and respect ? They will continue using that old note to buy vote during election and when the idiot leave aso Villa new government will approve it for spending and everything will be back to normal those politicians are already far above Buhari
Either he like it or not the dullard and idiot Emefiele is living office in few months

if he doesn’t need the old notes,why then are the apc governors worried? Do you know how much old notes was stashed for vote buying?

CBN just made a joke of themselves.

How many CBN branches do they have in each states that they want those building to be the only point of returning old notes?

It is as tho these guys at CBN kept their brain at home before declaring policies. This is exactly why Naira and dollar wahala persists because CBN has been trying trial and error policies for years.

Biodun556:


I learnt CBN Ibadan is burnt down

. That's to be expected. Emefiele thinks the CBN would be insulated from chain reaction consequent upon grievances to he and his principal's demonic and utterly sadistic policy?

The answer is simple! Make say 50% of mopped up monies available in the redesigned form and good luck with Cashless Banking.

You confiscate cash without a care for our small daily transactional needs like food and transport and expect all to be well? Worse still enforce a mindless slashing of daily withdrawal limits? Haba!

youngtee5:

I don’t think this is real, I just check CBN handles and nothing like that is posted on their handle. Anyway all the best

I thought they said cbn portal is down

It clear that the CBN Governor is been remote controlled. There is something abnormal about his actions. He even sounds strange when talking nowadays. Hope some people have not held him hostage blackmailing as he does their bidding. What kind lack of order in all this.

seunmsg:
CBN is simply trying to be clever by half since they know the governors are already ahead of them. If Banks are still collecting the old notes, then business can still collect them as legitimate means of exchange and then proceed to deposit same in banks.

This kind of policy summersault is what happens when you try to implement an illegal decision despite the order of the Supreme Court and the very obvious hardship that citizens are facing. Kudos to the courageous governors who have ordered their residents to continue to accept the old notes as means of exchange. They are the heroes this period. Big shame on all those who are supporting the suffering that Buhari and Emefiele are inflicting on Nigerians simply because of politics. After the election, Asiwaju Bola Tinubu will reverse the inhuman policy.

See this one of the illetrate agbados urchins dat haven’t done it before, mumu you can only deposit at once... Kindly run back to your WhatsApp group

Key highlights from the Banker's Committee meeting held today on the Naira Redesign

1. The old 200 naira will still be legal till April 10th 2023.

2. The old 200 naira and the new 500 and new 1000 will continue to be in circulation till 10th of April 2023.

3. The old 500 and the 1000 can be deposited into commercial bank just once within the 60days extension.

4. A new App will be developed by CBN to enable customer to make the one off deposit within the extended 60 days.

5. A customer cannot make more than 500k deposit within this period and it cannot be splited.

6. Customer making above 500k will have to visit the CBN.

7. You cannot receive value for the deposit immediately because the money will go to a CBN GL.

8. You can only receive value Upon remittance and confirmation from CBN.

XendersPride:

Don’t mind the fool. Let them go and spend it. Election is next week Saturday. What a time to be a Nigerian.

Then after being a Nigerian this week you will go back to Biafra Next week after election result....

tolue42:


Don't you think politician will start spending their old money next week, because masses will collect the old note from them, knowing fully well that bank will collect it last last.....

A win for masses and politicians

The essence of the money stashed by politicians is for vote buying…cbn know people they are targeting