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It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 - Business (5) - Nairaland

Nairaland ForumNairaland GeneralBusinessIt’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 (65418 Views)

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Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by ufotunang: 8:14pm On Mar 07, 2023
Quest7777:
The whole Naira Swap confiscation scheme was complete nonsense.

Though some people are still rejecting the notes, but that will certainly end by tomorrow when the info would have gone round.
...let the CBN governor or Buhari give an order for that the old naira notes are legal tender that traders and people should collect it
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by ufotunang: 8:15pm On Mar 07, 2023
Where is that CBN governor... where is he hidding ..he better give a directive that the old naira notes are legal tender that it should be accepted
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Captain8(m): 8:19pm On Mar 07, 2023
Passionet:
Imprisonment
ok,, thank you for correction...but I send you? ok imprishment...oya come beat me.
england that brought this rubbish nigeria on us, is the people you are furnishing their their language...
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Passionet: 8:25pm On Mar 07, 2023
Captain8:
ok,, thank you for correction...but I send you? ok imprishment...oya come beat me.
england that brought this rubbish nigeria on us, is the people you are furnishing their their language...
grin
but the way you spell am sha, someone would have corrected you still lol
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Shalashaska: 8:25pm On Mar 07, 2023
This whole mess is really confusing. The worst part is that the banks and pos are paying old notes currently but traders and transport workers aren't collecting them. Abeg Naija which way na?
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Captain8(m): 8:27pm On Mar 07, 2023
Passionet:
grin
but the way you spell am sha, someone would have corrected you still lol
yes,,,but nor correct me.....I will spell another one, stay tuned
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Passionet: 8:29pm On Mar 07, 2023
Captain8:
yes,,,but nor correct me.....I will spell another one, stay tuned
Ah when you suppose improve you wan downgrade? na wa oo grin
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Captain8(m): 8:32pm On Mar 07, 2023
Passionet:
Ah when you suppose improve you wan downgrade? na wa oo grin
improve in africa language or whose people's language?
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by MrNipplesLover(m): 8:35pm On Mar 07, 2023
Unfortunate people...

Dem use billions of naira redesigning the stupid notes...

Where is the money?

Now u bastards still want bring back the old notes after the suffering of the citizens...

E no go better for all of una!
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Cunnilingus(m): 8:36pm On Mar 07, 2023
I won't accept it till Meffy addresses Nigeria the way he did when making stopping its use
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by JOemmy(m): 9:04pm On Mar 07, 2023
28plus:
Does it mean that bank will give me my tomorrow if I go there?
Banks have started dispensing it out here in warri today.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by otokx(m): 9:06pm On Mar 07, 2023
b0rn2fuck:
Useless after wrecking people business, excess waste on withdrawal funds thereby sending many homes to bankruptcy. They now came out with useless continue spending rendering POS owner wealthy. I will never withdraw from some Pos agent even if they charge 50 naira. I know the one who cares and don't care after the turbulent months
The same thing with some petrol stations here in Port Harcourt
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by oluwaseyi0: 9:12pm On Mar 07, 2023
FireUpNow:
Na Tinubu and APC connive to bring this hardship on Nigerians. Don't be fooled.
Is like some people hate taking responsibility for their actions, is it Tinubu that ask emefiele to not have paper to print new notes and yet banned the old notes ?

Is it Tinubu that asked idiotic Bihari to run to the media to ban old notes without adequate provision? Even putting Tinubu presidential bid at great risk

Why can't Buhari implement this right before 2019 elections?

Is spending 1500 to withdraw 5k reasonable to you?

Emefiele set maximum withdrawal at 20k per week why can't I get the 20k cash for transportation and petty purposes as set by CBN?
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by gentlegenius(m): 9:30pm On Mar 07, 2023
accordadoga:
EVEN OBI DOGS ARE HAPPY NOW BECAUS DEM TOO DON SUFFER THE POLICY DEM SUPPORT…

NA EVERYONE SUFFER THIS CASHLESS POLICY
Same way everybody will suffer Tinubu's government including those who voted for him.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Yinkay: 9:34pm On Mar 07, 2023
Is it a written or verbal approval. Nothing on CBN website yet unlike when banks were directed not to collect those notes... .......huh
jumper524:
https://www.thecable.ng/it-has-been-approved-by-cbn-banks-begin-dispensing-old-n500-n1000-to-customers/amp
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by zoomman(m): 9:35pm On Mar 07, 2023
oluwaseyi0:
Finally going down in history:

Buhari is a complete and all-round failure
Nah, he's not a failure personally. Common, he was both military and democratic president. He has done is best. Let's allow whoever is next to find a way around this current issue we are all facing.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Passionet: 9:39pm On Mar 07, 2023
Captain8:
improve in africa language or whose people's language?
Ah you go use african language take get job na. Abi you wan use pidgin reply your boss? grin
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Captain8(m): 9:47pm On Mar 07, 2023
Passionet:
Ah you go use african language take get job na. Abi you wan use pidgin reply your boss? grin
I don't work for somebody... I don't work under somebody...I can't have boss..I am boss on my own.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Passionet: 9:48pm On Mar 07, 2023
Captain8:
I don't work for somebody... I don't work under somebody...I can't have boss..I am boss on my own.
that's impressive. So you don't need the english language then
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Captain8(m): 9:51pm On Mar 07, 2023
Passionet:
that's impressive. So you don't need the english language then
no, I don't need it... mostly looking at what the west brought on us by giving us a satanic entity called nigeria,,,I hate everything about them.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Passionet: 9:52pm On Mar 07, 2023
Captain8:
no, I don't need it... mostly looking at what the west brought on us by giving us a satanic entity called nigeria,,,I hate everything about them.
Well, we will fix it soon
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Captain8(m): 9:53pm On Mar 07, 2023
Passionet:
Well, we will fix it soon
better
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Ade1177: 9:53pm On Mar 07, 2023
Jorussia:
I wrote here yesterday that CBN and fg won't make any statement concerning the return of old naira notes. Banks are going to quietly start using it as a legal tender until the old notes recirculate back into the society.
The old notes are beautiful
Especially the 500naira

These new notes makes you look poor even with cash at hand undecided
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Passionet: 10:00pm On Mar 07, 2023
otokx:
The same thing with some petrol stations here in Port Harcourt
Ota, longest time.
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by FireUpNow(m): 10:38pm On Mar 07, 2023
oluwaseyi0:
Is like some people hate taking responsibility for their actions, is it Tinubu that ask emefiele to not have paper to print new notes and yet banned the old notes ?

Is it Tinubu that asked idiotic Bihari to run to the media to ban old notes without adequate provision? Even putting Tinubu presidential bid at great risk

Why can't Buhari implement this right before 2019 elections?

Is spending 1500 to withdraw 5k reasonable to you?

Emefiele set maximum withdrawal at 20k per week why can't I get the 20k cash for transportation and petty purposes as set by CBN?
Ask those policy makers if you can
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by barinedan(m): 10:54pm On Mar 07, 2023
Was it not the same old 1000 and 500 naira notes CBN claimed to have destroyed some weeks ago? Where are the banks getting the old notes from?
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by okoloto: 11:07pm On Mar 07, 2023
Which kind of government is this for goodness sake. What is then the gain for this suffering inflicted on Nigerians? Just to rig election?
The cbn policies under emefiele is the worst Nigeria has ever had tifiakwa
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by remsonik(f): 11:09pm On Mar 07, 2023
Well I won't take it until I hear from CBN if it's still a legal tender.

Banks are only telling you to take it to give you more stress cos if CBN doesn't release any notes yet the stress and attacks on them will be much more. You will take your notes to CBN office to change it yourself
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by donnie2016: 11:15pm On Mar 07, 2023
Beansman:
I was paid 19k old 500 naira note today at Sterling bank Benin city,market men and women refused to collect from me. Am thinking of returning it back to d bank tomorrow.
they have been rejecting it.You have to take it to CBN
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by donnie2016: 11:15pm On Mar 07, 2023
Pacesetter123:
Now,my question is, can those same commercial banks issuing the old notes to customers accept deposit of this old notes?
Or will we withdraw from commercial banks but deposit at CBN?
No.They have been rejecting it.Take it to CBN
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by Emola12(m): 11:21pm On Mar 07, 2023
28plus:
Does it mean that bank will give me my tomorrow if I go there?
you get pass 2k therehuh grin grin grin
Re: It’s Been Approved By CBN’ — Banks Begin Dispensing Old ₦‎500, ₦‎1000 by WantsandMore: 11:24pm On Mar 07, 2023
FOLYKAZE:
I do not understand why these petty traders are rejecting the old notes. They refuse to accept transfer and also do not have pos terminal that will enable card use. The national orientation agency should educate these folks if they intend to push the cashless policy. Also the banks should upgrade their system. Imagine I bought and paid through transfer for some items but payment was completed after 9 hrs. They should make things seemless.

Out banks should introduce stripe cards. This chip na waste of time
most people still use old atm cards, some don't even care to check expiry date, I have observe that aside a slow bandwidth the Nigerian banks are still trying tbh, imagine the volume 0f transactions going on at a time with the type of IT infrastructure we are still managing. Plus wema gave me a new card today, payment was seamless as opposed my old card that just expired.
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