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Nairaland Forum / Nairaland / General / Business / Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near (16771 Views)
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Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by michoim(m): 2:48pm On Jan 24, 2023 |
Godwin Emefiele is the worst CBN governor in the world...i don't even know how GEJ picked as the apex bank governor...it is very pathetic 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Angelfrost(m): 2:48pm On Jan 24, 2023 |
mbahdi: That's why we are waiting and watching to see how they will return to power! Clearly, Buhari is doing his utmost best to ensure there is a repeat of 2015! ![]() 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by ellizy(m): 2:49pm On Jan 24, 2023 |
Unrated900:So true! Ain't poor. Just temporary unable to dispens cash at the moment 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by maasoap(m): 2:51pm On Jan 24, 2023 |
God1000: You should stop talking about election as if that's the only reason people need cash. What is even the number of politicians seeking offices? Should we destroy our economy just because we don't want politicians to have cash for the election? reliable source informing Daily Trust that only about N200billion of new Naira notes were produced to cater for a system with about N3.1trillion in circulation, thereby making the new notes inaccessible to residents. 2 Likes |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by gfelo(m): 2:51pm On Jan 24, 2023 |
i see people rushing to POS operators shouting, Customer: u dey collect old note? POS: yes! but 1k naira charge 1 Like 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by BloomingDale(f): 2:53pm On Jan 24, 2023 |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by ellizy(m): 2:53pm On Jan 24, 2023 |
ecolime:Thanks man! 1 Like 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by maasoap(m): 2:53pm On Jan 24, 2023 |
mbahdi: You think Emefiele is punishing APC government? No. He's punishing you and me and Buhari likes it. If he didn't like what Emefiele is doing, he would have removed him long time ago. 4 Likes |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by adioolayi(m): 2:55pm On Jan 24, 2023 |
What challenge are they talking about....Banking halls in Lagos no see crowds for deposits na. Or, what are they talking about? Are banks overwhelmed to receiving the old notes ![]() 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by faceland: 2:57pm On Jan 24, 2023 |
It's not funny anymore. SOME shops would not collect it and the banks are over crowed.... While the banks are still giving out old notes. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by lereinter(m): 2:58pm On Jan 24, 2023 |
Let say buhari can do 3rd term, and he's contesting Can emifele initiate this process? 4 Likes 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by olab059(m): 3:01pm On Jan 24, 2023 |
ellizy: lol 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by faceland: 3:02pm On Jan 24, 2023 |
CBN said (on paper) they have given all the notes nd yet some banks would not come to collect the new note (so much so that they imposed aa 1 million naira a day penalty on banks for refusing to collet the new notes)... Those at the top are desperate to sabotage the new policy while those of us that are regular citizens suffer the most. 4 Likes 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by JuanDeDios: 3:02pm On Jan 24, 2023 |
God1000:I believe so. But Emefiele also clearly did not print enough. That's why he's insisting there will be no extension - because he has no notes to supply. Emefiele has to be be most irresponsible human being ever. I hope they're preparing their police to deal with riots though. 3 Likes 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by olab059(m): 3:03pm On Jan 24, 2023 |
vendredi77: Same with me. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by JuanDeDios: 3:03pm On Jan 24, 2023 |
faceland:I don't believe the CBN. This is not the first time we've changed money in Nigeria. 3 Likes 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Unrated900(m): 3:04pm On Jan 24, 2023 |
1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by drololaaof: 3:05pm On Jan 24, 2023 |
Islie:It is the CBN and banks that are causing the apprehension, by not making the new notes easily and readily available to the public's CBN make laws that are not obeyed. 1 Like 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by am4truth(m): 3:05pm On Jan 24, 2023 |
Jalinspy: Grow up please.... The topic here is not for kids. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Henrinos: 3:05pm On Jan 24, 2023 |
This Godwin Ewurekule sef! 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by JuanDeDios: 3:06pm On Jan 24, 2023 |
michoim:Once his friend Jim Ovia recommended, he obeyed. He didn't know for a job as sensitive as CBN gov, you have to vet. That's how we roll. I'm surprised that Buhari, who will have to deal with the riots that will ensue, is saying nothing. But, again, it's Buhari. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by faceland: 3:08pm On Jan 24, 2023 |
fastseo: 70k for Tiger generator! That thing use to be like 12k when Buhari took power. 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by unclejb2(m): 3:09pm On Jan 24, 2023 |
This rubbish propaganda won't work. CBN is not going to extend the date. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by NoviceFXtrader(m): 3:09pm On Jan 24, 2023 |
Many villages are yet to see at least one of the new naira note |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by jaxxy(m): 3:09pm On Jan 24, 2023 |
What loses? Don't they have accounts? If yes go and pay the old notes into ur account. if No why? go and open an acc. If none of the above u are a criminal |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by omorttee4u(m): 3:10pm On Jan 24, 2023 |
They mustt extend it I think, I will suggest they ban the 1000 notes first.the 500 and 200 can be taken out days after... |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by emorse(m): 3:10pm On Jan 24, 2023 |
ecolime:One of the lucky majority you mean? Abi you don forget how much be minimum wage ni? A lot of the online noise you hear are made by a few concerned people and a lot of their follow follow soldiers. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by fastseo: 3:11pm On Jan 24, 2023 |
faceland: That's the price and as at 2014 it was sold 11k to 11k500 or highest 12k. But with their change economy has thumble. Century stabilizer of 3k now 36k 4 Likes 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by jaxxy(m): 3:12pm On Jan 24, 2023 |
onyxo76: then go to the atm. Pos for now are still using cash limits for individuals like u. The policy is well planned. After the old notes expires jan ending pos maybe upgraded. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by faceland: 3:14pm On Jan 24, 2023 |
yesloaded: It's cashless society by force... Some shops no longer collect it. They advice you to go to POS or do mobile transfer. I don't always like my bank or government to know who am conducting transaction with. This is a once in a life time opportunity for POS operators and scammers. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Princeton92(m): 3:17pm On Jan 24, 2023 |
God1000: I thought same because there's nothing they cannot do oh |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by onyxo76(m): 3:18pm On Jan 24, 2023 |
jaxxy:ATM is out of my reach where i stay, besides i only needed 5k as i do a lot of transactions via transfers, i only needed the cash for petty things like bread, groundnut and maybe fruits. 1 Like 1 Share |
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