₦airaland Forum

With news filtering in that Cubans chief priest has been nabbed by the EFCC, here is a reminder of what constitutes naira abuse.

Naira notes: Nine practices that could land you in trouble

Below are the ways you can abuse the naira:

Spraying: It is illegal to spray banknotes at events.

Writing: Writing on banknotes is prohibited by law.

Stapling: Stapling banknotes is prohibited by law due to the potential for corrosion caused by the pins.

Tearing: Tearing banknotes is also illegal.

Dancing or stamping on naira: Dancing or stamping on naira banknotes is prohibited by law. Getting oil or ink on the banknotes can be considered a form of defacing.

Selling: Selling currency banknotes is illegal.

Mutilation: Anyone caught tampering with the naira note will face legal consequences, as stated in the CBN Act Section 21.

Rejecting the naira: Rejecting the naira is strictly prohibited by law (Section 20, Subsection 5).

Money bouquets: In February 2023, the CBN also identified money bouquets as a type of naira abuse.

Culled from the Punch:
https://punchng.com/naira-notes-nine-practices-that-could-land-you-in-trouble/?amp

More scapegoats and scapesheeps loading about the abuse of Naira

helinues:
More scapegoats and scapesheeps loading about the abuse of Naira

Do you want enough naira?

Every bank customer care service staff will be guilty of stapling of naira. It's one habit they normally perform in the cause of opening a new bank account.

I left..!

helinues:
More scapegoats and scapesheeps loading about the abuse of Naira

Let those with the rubbers worry about themselves.

Nothing concern you here

adamusuleiman1:
With news filtering in that Cubans chief priest has been nabbed by the EFCC, here is a reminder of what constitutes naira abuse.


Culled from the Punch:
https://punchng.com/naira-notes-nine-practices-that-could-land-you-in-trouble/?amp

Then, those operating POS are liable of selling money. Most annoying is that one will get to ATM, and there will be no money for withdrawal, and if there is,, you can't withdraw more than 20k, but go to POS operator, you will get as much as you want as long as you can buy. It seems there is a role change between the bank and POS. Just soliloquizing.

Cindypresh:
Let those with the rubbers worry about themselves.

Nothing concern you here

Fcs, for how long would you continue be incoherent on my mentions?

Huh

They should check shrines and some people's strong room where they maintain witchcraft altar.

Deebami:
Then, those operating POS are liable of selling money. Most annoying is that one will get to ATM, and there will be no money for withdrawal, and if there is,, you can't withdraw more than 20k, but go to POS operator, you will get as much as you want as long as you can buy. It seems there is a role change between the bank and POS. Just soliloquizing.

banks too collect CoT so what will they use to nail POS?

BBN fans should take note the last one!

Lumarstone:
Every bank customer care service staff will be guilty of stapling of naira. It's one habit they normally perform in the cause of opening a new bank account.

I left..!

Lol
E look like you dey work for bank

Especially those cashier's wey go just easily use stapler staple money wey don tear