₦airaland Forum

Why are they planning to extend it, I would have love they should change it on that 31th
All the people that are planning they should extend it is because they are all those politicians that don't want the money they stole to weast

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Will over high drugs allow him to concentrate

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Maturity overload

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Abeg

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No problem

Why do people like something that is bad, how can people be voting for Tinubu when the truth is clear

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has excluded mobile money/Point of Sales agents in Abuja and Lagos from its newly launched cash swap programme.
The development came as the January 31 deadline for the phasing out of the old N1,000, N500 and N200 notes approaches.

In a Frequently Asked Questions document released to selected agents and obtained by our correspondent on Monday, the CBN provided some guidelines for the cash swap programme.

According to the document, only five banks have been approved to engage in the programme.

They are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, First Bank of Nigeria Limited, and First City Monument Bank.
It read in part, “Not all agents can participate. This is open to only selected agents profiled by the super-agent/MMO/bank and submitted to the Central Bank of Nigeria and participating banks (Access, Zenith, UBA, First, FCMB).”

On the number of states selected for the programme, it read, “Selected agents in all the 36 states (except Lagos state and FCT, Abuja). Lagos and Abuja agents are excluded from this.”

Also, the agents are restricted from using the new notes for their regular transactions, only for the programme.

Access Bank, Zenith Bank, UBA, First Bank And FCMB To Begin Cash Swap Of Old Naira Note For POS Operators(Abuja And Lagos Excluded)
On where the agents can get the new notes, the document added, “from one of these designated banks (Zenith, First Bank, Access, UBA, FCMB). However, you must have a bank account with that bank and your operators (super agent/MMO/bank) will have pre-registered you with the bank where you have an account.”

It added, “you must go to the bank you have informed operator (super agent/MMO/bank) of. That is where your agent details will be submitted to for verification when you get there to collect the new notes.”

Also, each agent’s name, BVN number, and operator’s name are required before the new notes will be released.

The document added that the bank would also verify the agent’s picture and fingerprint.The document also noted that an agent is expected to have a record of the customer’s Know-Your-Customer information, which includes name, phone number, bank, account number and amount.

It was also noted that why there is no restriction on how much a customer can deposit, only N10,000 can be released per customer under the cash swap programme.

The CBN also urged the agents to open a bank account or wallet for customers with bank accounts.

An agent can only get up to N500,000 new notes weekly for the programme.

Also, each agent is expected to record all transactions performed with the new notes and submit the record to the operator (super agent/MMO/bank).

Regarding what happens if an agent uses the new notes for other purposes other than the new naira initiative, the document noted, “There will be severe sanctions such as de-listing as an agent, withhold of any applicable benefit, de-list from future programmes, negative report to bank & CBN and other such penalties as directed by regulatory authorities.”

In a memo by Moniepoint to their agents, agents were asked to collect BVN, NIN, or voter’s card details from customers paid new notes.

The memo read in part, “The Swap should be in the form of PoS withdrawals only of not more than N10,000 per person. Any withdrawal more than N10,000 per person should not be paid with new notes.

“Agents are also permitted to charge cash-out fees for the cash swap transactions but prohibited from charging any further commissions to customers for this service.

“You are to collect BVN, NIN or votes card details from customers paid with new notes for weekly submissions to the CBN.

“The CBN will continue to monitor implementation of the programme and provide further guidance as may be necessary.”

The National President, Association of Mobile Money and Bank Agents in Nigeria, Mr Victor Olojo, said a proposed meeting with the CBN did not hold.

He further noted that the agents were still actively involved in the process and a framework had been provided to guide the programme.

The CBN when announcing the cash swap programme which began on Monday noted that the initiative was aimed at enabling citizens in rural areas or those with limited access to formal financial services to exchange old naira notes for the redesigned notes.

To promote financial inclusion, the CBN said the service was also available to anybody without a bank account.

It said agents might, on request, instantly open a wallet or account, leveraging the CBN tiered know your customer framework.

This, according to the bank, will ensure that this category of the populace (unbanked citizens) is able to exchange or deposit their cash seamlessly without taking unnecessary risks or incurring undue costs.

The CBN also directed agents to sensitise customers to opening wallets/bank accounts and the various channels for conducting electronic transactions.

MESSI
messi is best for sure

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Is alright

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Like seriously

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You say wetin

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Am not even a fan of all those things am just focused on my business

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His not valuable to me.

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What people is what they Believe

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This is Nigeria, as you can see..

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Wow like seriously

Like seriously

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Like seriously

None of them are good,, as far as things are not better none is good to me ooo

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RESIDENTS of the Akwarinyi-Abu community, comprising 15 villages in Bekwarra Local Government Area, Cross River State, have cried out over their sufferings and abandonment by the government.

The natives said they do not have potable water, struggle to drink from the same stream as cows, and lack all basic amenities, including roads, electricity and health center.

It takes at least three days, during the rainy season, for the agrarian villagers to transport palm oil, yam, groundnut and other agricultural produce in large quantities to a bigger market at Abuochiche, the local government headquarters, for sale.

The last time the government graded a road in the area was over eight years ago, but it carried out no real earthwork, the former administrations of Mr. Donald Duke and Senator Liyel Imoke constructed two or more bridges. Paramount ruler of Bekwarra, HRM Odey Ogbeche, who bemoaned the plight of the people said: “It is appalling that in this 21st Century, we still drink water from a stream, which also serves as the source of drinking water for cattle belonging to herdsmen.”

The monarch spoke when he played host to the governorship candidate of the Peoples Democratic Party, PDP, Sen. Sandy Onor, at his palace in Akwarinyi-Abu.

“To compound our woes, Bekwarra was disconnected from the national grid at the onset of the present state administration in lieu of the widely advertised stable power supply from Obudu Power Plant.

“Since then, we have been groping in darkness while the power lines stretching to Benue State have all been vandalized,” he added.

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Buhari leaves without delivering speech

The presidential campaign rally of the All Progressives Congress in Bauchi State ended abruptly over a faulty sound system.

The rally which was ongoing at the Abubakar Tafawa Balewa Stadium, Bauchi, on Monday, ended abruptly when the light went off and could not be restored.

The light went off shortly after the National Chairman of the APC, Abdullahi Adamu, mounted the podium and began delivering his speech.

The President, Major General Muhammadu Buhari (retd.), who was present at the rally, had to leave immediately with his entourage.

Buhari had arrived Bauchi to lead the All Progressives Congress’ presidential and governorship campaign rally.

The aircraft conveying the President touched down at the Sir Abubakar Tafawa Balewa airport, Bauchi around 10:20 am.He was received by the Bauchi State Governor, Bala Mohammed, who is the Peoples Democratic Party’s candidate and his opponent in the March 11 governorship election, Air Marshal Sadique Abubakar.

Others at the airport to receive the President were the APC party chairman, Abdullahi Adamu; Director-General of the APC Presidential Campaign Council and governor of Plateau State, Simon Lalong; Senate President Ahmad Lawan; Speaker of the House of Representatives, Femi Gbajabiamila; former Chief of Defence Staff, Gen. Abdulrahman Danbazzau; Andy Ubah, Governors of Borno, Kebbi and Yobe states, Babagana Zulum, Abubakar Bagudu and Mai Mala Buni, respectively.

Buhari had proceeded to the Palace of the Emir of Bauchi, Dr Rilwanu Adamu, for a courtesy visit and thereafter headed to the Sir Tafawa Balewa stadium, venue for campaign rally.

Buhari was to officially present the APC candidates to the Bauchi electorate at the rally, and to afterwards depart for Lagos where he is scheduled to begin his two-day working visit.

In Lagos, Buhari will unveil several projects, including the Lekki deep sea port, the blue line rail project designed to run from Mile 2 (on the mainland) to Marina; 32-metric tons Lagos Rice Mill, Imota; and 18.75km Eleko to Epe T Junction express road.

Others are the John Randle centre for Yoruba culture and history and the groundbreaking for the blue line rail phase 2 (Mile 2 to Okokomaiko).

Nothing concern me ooooo let me focus on my business
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Buhari is equally a stick Man
Walking like someone on the ledge Omo I pity you and babablu

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Not useful to me
Let him just day play dey play

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Chill, everything has a reason so you need to also put yourself inside his shoe's and know the cause

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Is that troubling you?

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Ok

Ok

That man is not valuable to me

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