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CBN Gives Update On Naira Scarcity - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessCBN Gives Update On Naira Scarcity (28727 Views)

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Re: CBN Gives Update On Naira Scarcity by Kingpele(m): 12:34pm On Dec 11, 2023
U done mean it
Re: CBN Gives Update On Naira Scarcity by erai30(m): 12:35pm On Dec 11, 2023
CENTRAL BANK OF NONSENSE (CBN) has spoken, a country where the leaders lie to you even when they see and know the facts. Some even choose to argue with you and support these thieves and liars called leaders when they are bring affected by this so called situation. SUFFERING AND SMILING,
Re: CBN Gives Update On Naira Scarcity by Richb44: 12:39pm On Dec 11, 2023
And your on nairaland still suffering, have you eaten today won't you pity your mom selling ugu

Resetinc:
Haaa😂

Yesterday there was a thread asking what prayer God answered you this year 2023…

I prayed God to continue punishing Nigerians who voted APC again after an unimaginable 8yrs of suffering under buhari…. and God didn’t waste time in answering my prayers … He started answering 24hrs from the day of swearing in ……. 😂😂😂😂
Re: CBN Gives Update On Naira Scarcity by dahmie2013: 12:42pm On Dec 11, 2023
We never had this during Emefiele's time except during the change of currency. I don't know what the CBN governor is doing.
Re: CBN Gives Update On Naira Scarcity by Chetas81(m): 12:44pm On Dec 11, 2023
TELL THE CRAZY CITIZEN TO STOP PANIC OF ANY KIND, SOMETHING REALLY WRONG WITH THIS NIGERIAN CITIZEN
Re: CBN Gives Update On Naira Scarcity by symbianDON(m): 12:44pm On Dec 11, 2023
There they go again......telling lies as always
Re: CBN Gives Update On Naira Scarcity by nedekid: 12:44pm On Dec 11, 2023
Indelibleage:
That can't be true. I was at a GTBank at Ogba in Lagos here like twice. The first time I entered the banking hall (that was in October), I was told they did not have cash and can only give me 10k. The second time, I was told maximum amount I could withdraw was 50k due to lack of cash (this was last week). So, I wonder where the lies of CBN is coming from.
Just wondering, what do need so much cash for?
Most cash I hold is 5k.
Infact it is just 500 naira in my wallet as I write.
Re: CBN Gives Update On Naira Scarcity by Shattuck(m): 12:56pm On Dec 11, 2023
What a foolish comment from the CBN, there is naira scarcity in Nigeria that's all we need to know.
Re: CBN Gives Update On Naira Scarcity by Eriokanmi: 1:01pm On Dec 11, 2023
Resetinc:
Haaa😂

Yesterday there was a thread asking what prayer God answered you this year 2023…

I prayed God to continue punishing Nigerians who voted APC again after an unimaginable 8yrs of suffering under buhari…. and God didn’t waste time in answering my prayers … He started answering 24hrs from the day of swearing in ……. 😂😂😂😂
grin. Yesterday, they said it was emefiele who was accused of causing it. Enefiele is gone still, same issue is resurfacing under same apc. See the big lie they just told...that panic withdrawal was also responsible for scarcity of the naira. Can you withdraw what you don't have? Those who had little to withdraw immediately after they learnt naira was becoming scarce had to go to the bank, after the news and not before the news.

All those who supported this evil party, you your life outside
Re: CBN Gives Update On Naira Scarcity by akpumping7720(m): 1:13pm On Dec 11, 2023
The scarcity is caused by some unscrupulous elements hoarding the naira.
Re: CBN Gives Update On Naira Scarcity by godofuck231: 1:15pm On Dec 11, 2023
When russia annexed the crimea, it signalled a war path , and the kremlin think tank pushed a warning for a prewar status th Russia would be resorted to war if the west had pushed the bear too far , putin made a proclamation for a build up of the Russian gold reserve in case of a war order, this had doubled the l Russian gold reserve x16 and most were gold from nigeria , if you see , Nigeria is at war already and the currency is weak , instead of building a gold reserve the idiots of APC and their cronies like emefiele the agbor rat and thief are printing more naira notes and hiding in their bunkers ,while the real currency of the united States reserve backing the dollar is being stored in gold, the dollards are flying a carton airship and are afraid to crash still , soludo needs to become nigerias next president or rather okonjo iweala
Re: CBN Gives Update On Naira Scarcity by akpumping7720(m):
JayTripz:
Everything going well here in Lagos o...Abeg make una nor go Alert all this POS people....The moment Dem just see news....Gbammmm....2k na 700 hundred naira Dem go charge..Abeg make una low-key
They've started already. I was at access ATM today and that's what these 3 igbo boys and one lady were discussing. They were telling each other that N5000 is now N200 while N10,000 is now N500. From their discussions four of them are POS operators.
Re: CBN Gives Update On Naira Scarcity by lexy2014: 1:20pm On Dec 11, 2023
Kevinjap:
What happened to cashless policy
what do you want to do with cashless policy?
Re: CBN Gives Update On Naira Scarcity by Mandate1: 1:21pm On Dec 11, 2023
Eriokanmi:
grin. Yesterday, they said it was emefiele who was accused of causing it. Enefiele is gone still, same issue is resurfacing under same apc. See the big lie they just told...that panic withdrawal was also responsible for scarcity of the naira. Can you withdraw what you don't have? Those who had little to withdraw immediately after they learnt naira was becoming scarce had to go to the bank, after the news and not before the news.

All those who supported this evil party, you your life outside
you still indirectly affirmed the panic withdrawal as the cause.

The court order before now stating the end of the old currency to be December 2023 brought about the panic stock of cash, this indirectly led to the scarcity. All the same, inflation also played a major role. What you can buy for 5000 is now 10,000, so you need more paper to buy same commodity.
Re: CBN Gives Update On Naira Scarcity by lexy2014: 1:23pm On Dec 11, 2023
akpumping7720:
They've started already. I was at access ATM today and that's what these 3 igbo boys and one lady were discussing. They were telling each other that N5000 is now N200 while N10,000 is now N500
this problem has been on since as far back as August but everyone just went about as if it is normal.

here we are again selling our local currency. since as Nigerians we always ignore national problems when they are small, we will bear the consequences when the problems become tooo big to handle
Re: CBN Gives Update On Naira Scarcity by NinjaMetahuman: 1:23pm On Dec 11, 2023
Kevinjap:
What happened to cashless policy
emefiele killed it with his madness.


Worst thing to ever happen to the economy is that horrible dude and his clueless master who couldn't fire the ediot for failing horribly.
Re: CBN Gives Update On Naira Scarcity by Eriokanmi: 1:26pm On Dec 11, 2023
Mandate1:
you still indirectly affirmed the panic withdrawal as the cause.

The court order before now stating the end of the old currency to be December 2023 brought about the panic stock of cash, this indirectly led to the scarcity. All the same, inflation also played a major role. What you can buy for 5000 is now 10,000, so you need more paper to buy same commodity.
I didn't affirm anything. People heard the news that cash was becoming scarce again so, they went to the bank to withdrew the little they had and they still didn't get all. Scarcity had been ongoing before people took that step, not before then. Had people been withdrawing their money, before naira became scarce , one can say naira became scarce due to panic withdrawal.
Re: CBN Gives Update On Naira Scarcity by KwuoteYourFada: 1:27pm On Dec 11, 2023
Agbado swines will always be here to defend them

After insulting Emefiele

Shame shame shame!

Re: CBN Gives Update On Naira Scarcity by Mandate1: 1:28pm On Dec 11, 2023
Eriokanmi:
I didn't affirm anything. People heard the news that cash was becoming scarce again so, they went to the bank to withdrew the little they had and they still didn't get all. Scarcity had been ongoing before people took that step, not before then. Had people been withdrawing their money, before naira became scarce , one can say naira became scarce due to panic withdrawal.
people dint hear any news. They had the intention to panic withdraw before now. Hence dey waited for November/December to strike.
Re: CBN Gives Update On Naira Scarcity by yemmight(m): 1:37pm On Dec 11, 2023
Flimsy excuses.
Re: CBN Gives Update On Naira Scarcity by HeadNigga: 1:38pm On Dec 11, 2023
JayTripz:
Everything going well here in Lagos o...Abeg make una nor go Alert all this POS people....The moment Dem just see news....Gbammmm....2k na 700 hundred naira Dem go charge..Abeg make una low-key
I am a lagos POS guy.i will inform my colleagues
Re: CBN Gives Update On Naira Scarcity by victorVIC1(m): 1:53pm On Dec 11, 2023
See the kind problems wey Nigeria still dey get for this age. How can the people be productive when there are so many avoidable bottlenecks emanating from the political environment?
Re: CBN Gives Update On Naira Scarcity by ChybuzzDD(m): 1:57pm On Dec 11, 2023
jayAjoku:
As Long as human beings continue to behave like Animals And Continue their Foolish Behaviour of Seasonal Migration in the name Of Holiday Celebration 🎉 the Elite Controlled government will always find a way and an avenue of causing them pain for profit .
Christmas is not just a holiday celebration to Christians, you cockroach.

Your post shows you, not those travelling, are actually the animal, and an untamed one, for that matter
Re: CBN Gives Update On Naira Scarcity by Eriokanmi: 2:00pm On Dec 11, 2023
Mandate1:
people dint hear any news. They had the intention to panic withdraw before now. Hence dey waited for November/December to strike.
I started noticing this last month outside lagos
I went to various bank branches, no cash in atms. On getting to lagos,same. no cash at Allen gtb and adeniyi Jones. Even bank staff couldn't explain. Nobody was seen withdrawing a large sum inside banking Hall. Except the same politicians who are lying are the ones packing all the mlney,.like dapo abiodun did recently by sending his account officer to 2 different banks to pack millioms which was later intercepted and the man was killed in the process, so sad.

Nigerians began to react simce late November. I tot it was only me. The scarcity wasn't caused by any panic withdrawal because it predated the cbn's report. You can't even withdraw what's not available.

Only the CBN can explain this but sadly, they're not telling the truth, same way they claimed it was abolifx that caused the dollar rate to be so high and aboki fx pulled down its website but fx rate never stopped going up. This is a regime of lies.
Re: CBN Gives Update On Naira Scarcity by Jokerr09: 2:14pm On Dec 11, 2023
Karrima:
Confused government headed by empty brain bunch
Oga rest
Re: CBN Gives Update On Naira Scarcity by Jokerr09: 2:25pm On Dec 11, 2023
You dey find trouble o
Re: CBN Gives Update On Naira Scarcity by Resetinc: 2:33pm On Dec 11, 2023
Richb44:
And your on nairaland still suffering, have you eaten today won't you pity your mom selling ugu
Kid, only quote me if you need help
Re: CBN Gives Update On Naira Scarcity by jayAjoku(m): 2:34pm On Dec 11, 2023
ChybuzzDD:
Christmas is not just a holiday celebration to Christians, you cockroach.

Your post shows you, not those travelling, are actually the animal, and an untamed one, for that matter
looking at comments made by brainwashed swine amuses me so what colour was the skin of Jesus while he was alive mr Christmas ?
Re: CBN Gives Update On Naira Scarcity by ChybuzzDD(m): 3:02pm On Dec 11, 2023
jayAjoku:
looking at comments made by brainwashed swine amuses me so what colour was the skin of Jesus while he was alive mr Christmas ?
I don't engage in exchange of posts/words with illiterates
Re: CBN Gives Update On Naira Scarcity by IbeOkehie: 3:18pm On Dec 11, 2023
We've not heard from the Original Anti-Japa Crew lately. Maybe they're busy looking for cash?

We need you to reassure us that Nigeria is still a better place to live than UK.

cheesy

Good Luck to Nigerians!
Re: CBN Gives Update On Naira Scarcity by Sunday2021: 3:40pm On Dec 11, 2023
Buhari pls come back.
Re: CBN Gives Update On Naira Scarcity by obaidan: 3:54pm On Dec 11, 2023
It is a very big disgrace that there is something called scarcity of Naira in Nigeria in 2023
we suppose dun pass this level.
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