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CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust (40040 Views)

Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN / Banks, Businesses Comply With CBN Directive On Old Notes — But Shortage Persists / Godwin Emefiele: February 10 Deadline On Old Naira Notes Stands (2) (3) (4)

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Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by DECLAN2015(m): 6:33am On Feb 18, 2023
Emellda:
Fake news media are trying hard to turn this whole thing on its belly and push the country into chaos so that they can blame Buhari for it. Cant believe I'll ever defend Buhari in this life, but on this one, I'm fully behind him 💯

It is painful, but it will yield long-term gains.

But the new money is not available. And even the bank that are suppose to go e it are closing cos of fear of mob
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by oluplus(m): 6:57am On Feb 18, 2023
Emellda:
Fake news media are trying hard to turn this whole thing on its belly and push the country into chaos so that they can blame Buhari for it. Cant believe I'll ever defend Buhari in this life, but on this one, I'm fully behind him 💯

It is painful, but it will yield long-term gains.
There is nothing fake about this report.

I got the mail from CBN to commercial bank. It was forwarded to me by my immediate Boss.
I have even told some people they can bring their old notes, only for CBN to turn around and deny their own communication.
This is a govt of confusion.

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Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by somehow: 7:04am On Feb 18, 2023
NoToPile:


Banks that have stopped and vehemently refused collecting old notes from the deadline wont suddenly announce this without a directive from Cbn.

They should just let the new notes be available joor. Mtchew.

This is nothing but assumptions.

A memo is the only official way CBN communicate with the banks.
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Dedeity: 7:33am On Feb 18, 2023
Pandev:
Nobody can stop Asiwaju. It's written!
Asiwaju will be disgraced and retired next Saturday
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by abobim: 7:42am On Feb 18, 2023
Media didn't understand what CBN meant... they said that they will be collecting your old notes anytime for those who had filled the form.
..Banks are opening today to collect your money but it is just for those who had filled their form... GTB will open from 10 to 1 today.. please don't wait till Monday because banks won't likely be opening on Monday nationwide... I wish I can send you the memo ..
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Hassanmaye(m): 7:42am On Feb 18, 2023
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Gooding55(m): 8:47am On Feb 18, 2023
Emellda:
Fake news media are trying hard to turn this whole thing on its belly and push the country into chaos so that they can blame Buhari for it. Cant believe I'll ever defend Buhari in this life, but on this one, I'm fully behind him 💯

It is painful, but it will yield long-term gains.


How would it yield long-term gains? can you cite any economic theory or case report to back this claim? Please ask Indians, if such has brought any gain to them. Check if this same approach in 1985 has brought any economic gain to Nigeria. I heard the new naira notes degrade easily under harsh storage condition, if that's true then it sounds like a good idea to the ear, but what I fear is Nigerians will always want to loot and pressure will mount more on scarce foreign exchange with time and consequently devalues the Naira and push inflation higher. The present CBN governor gets it wrong almost all the time and believe me this is one of his wrong policies.
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Pandev(m): 9:51am On Feb 18, 2023
Dedeity:
Asiwaju will be disgraced and retired next Saturday
K
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by ogatboy(m): 9:59am On Feb 18, 2023
CBN has a media office. Only take information put out by their media through the media channel. Every other thing I'd fake news propaganda by APC machineries
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by EAKeffective: 11:21am On Feb 18, 2023
This is amusing! About the redesign of the naira, CBN is even more confused. At the moment it is obvious that CBN is technically incapacitated, doesn't know what to do and even what to say. Well, presidential election comes up in a week time, let's see what happens thereafter

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Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Bigchristo: 12:06pm On Feb 18, 2023
franugo:


Cbn chased depositing customers with less than 500k and told them to go to their banks to deposit. How they can come out and say they didn't give the order is beyond me.
Don’t misunderstood them you can actually deposit money in your commercial bank after lodging the information required in CBN Portal
This is what my bank sent me

Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by maasoap(m): 12:14pm On Feb 18, 2023
Malory:
The satanic APC orchestrated by Tinubu who also doubles as the national leader of the evil party has brought nothing but sorrow and hardship to Nigerians. We must reject them from top to bottom in this coming election if we wants our dear country to work again.

Your confusion is out of hand. Are Emefiele and Buhari not your heroes again?
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by maasoap(m): 12:15pm On Feb 18, 2023
ogatboy:
CBN has a media office. Only take information put out by their media through the media channel. Every other thing I'd fake news propaganda by APC machineries

Mumu. APC sent memos to commercial banks?
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by franugo(m): 12:17pm On Feb 18, 2023
Bigchristo:
Don’t misunderstood them you can actually deposit money in your commercial bank after lodging the information required in CBN Portal
This is what my bank sent me

There is no misunderstanding here sir. They came out to state that they didn't tell any commercial bank to accept deposit
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Malory: 12:18pm On Feb 18, 2023
maasoap:


Your confusion is out of hand. Are Emefiele and Buhari not your heroes again?
Sharap. Thiefnibuu told Nigerians that he is the national leader of the satanic APC so keep quiet.
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by abobim: 12:48pm On Feb 18, 2023
franugo:


There is no misunderstanding here sir. They came out to state that they didn't tell any commercial bank to accept deposit
... You don't understand them.. people were carrying fake information yesterday that's why they debunk the information...
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by franugo(m): 12:51pm On Feb 18, 2023
abobim:
... You don't understand them.. people were carrying fake information yesterday that's why they debunk the information...

What was the fake information that was debunked?
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Banter1(m): 12:54pm On Feb 18, 2023
Pandev:
I said nobody. Stop getting angry and check the meaning of nobody in your dictionary
keep quiet God is a body too
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Pandev(m): 1:18pm On Feb 18, 2023
Banter1:
keep quiet God is a body too
ok professor chinedu
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Bigchristo: 1:21pm On Feb 18, 2023
franugo:


There is no misunderstanding here sir. They came out to state that they didn't tell any commercial bank to accept deposit
they want to cause confusion lol 😂
Re: CBN Reversed Itself On Old Notes But Accused Media Of Fake News - Daily Trust by Banter1(m): 4:30pm On Feb 18, 2023
Pandev:
ok professor chinedu
Ntoor

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