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Nairaland Forum / Nairaland / General / Business / Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near (16862 Views)
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Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by josephevergreen(m): 3:18pm On Jan 24, 2023 |
Could you imagine I went to deposit 90k through pos after I make sales this morning only for the POS lady to ask me if is the old note or the new one..when I said the old one she said she can't collect it ..e shock me die..well I just walk away to another pos point.. Pls how is it like in your area. Updating from abijo Ajah lagos 3 Likes 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by faceland: 3:19pm On Jan 24, 2023 |
fastseo: Imagine, more than 10x the price. No regards for those that earn minimum wage 3 Likes 1 Share |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Nobody: 3:22pm On Jan 24, 2023 |
This is just a plot to disrupt the forth coming elections nothing more, how do you change a currency and refuse to distribute it to banks. Almost all the banks at transamadi and artilery axis are not dispensing money. Banks are still doling out the old notes saying they haven't gotten the new ones and some idiots here are talking rubbish about not using the old ones after 31st . Offcourse its people who have stashed the new notes that are saying this, its obvious someone ones to disrupt the forth coming elections in February 2023. There was no basis for currency change, as we are now seeing, cosmetic fixes by CBN wont fix the local economy. 2 Likes 2 Shares |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Bridget95(f): 3:32pm On Jan 24, 2023 |
Opay gat my back |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by BluntTheApostle(m): 3:35pm On Jan 24, 2023 |
dante0147: So, if they deposit the old notes, they should go and eat air? Don't you know that they will withdraw money as well, and the ATMs are still dispensing old notes as we speak? 3 Likes |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by BluntTheApostle(m): 3:38pm On Jan 24, 2023 |
adioolayi: You people are not getting it. There are people who still depend on physical cash for transactions. When these people go to deposit their old notes, they still end up withdrawing old notes at the ATM. 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Nobody: 3:40pm On Jan 24, 2023 |
A Nation Of Clowns😊 6 Likes |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by mayorkent(m): 3:42pm On Jan 24, 2023 |
Lol, I have a few old notes with me , I never get chance to go bank and I also need physical cash for daily transactions.. I just get this believe say them go extend am.. 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by poweredcom(m): 3:43pm On Jan 24, 2023 |
onyxo76: I tought only atm give news money not on counter |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by BluntTheApostle(m): 3:45pm On Jan 24, 2023 |
jaxxy: I paid old notes into my account and still ended up withdrawing old notes today. Many of you are just being blinded by propaganda. You think this has anything to do with vote buying. Sit down there. You would be surprised that the bulk of the new notes is already in the hands of politicians while the likes of you will suffer from the consequences of excess shortage of the naira. 4 Likes 2 Shares |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by membranus: 3:51pm On Jan 24, 2023 |
Emefiele is a failure, a failure, a failure! |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by adioolayi(m): 3:55pm On Jan 24, 2023 |
BluntTheApostle: I think the circulation has improved. Somehow, I have a feel that the bankers are deliberately sabotaging this effort...maybe to force extension. Let's see how it goes |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Emmy909: 3:59pm On Jan 24, 2023 |
Dumb ass leaders with clueless policies..... ya all to hold that CBN Governor responsible. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by abcity2001(m): 4:04pm On Jan 24, 2023 |
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Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Pascal9: 4:08pm On Jan 24, 2023 |
Go and deposit your old notes, stop complaining, you can do transfer, what is this.even if they extend it, some people will still complain 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by TemmyT002(m): 4:11pm On Jan 24, 2023 |
I no even send them. I am not scared. I know they will extend the nonsense deadline. Today is the first day I even saw the 200 naira note. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Eriokanmi: 4:13pm On Jan 24, 2023 |
Nigerians abi politicians |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by ekitimanalways(m): 4:14pm On Jan 24, 2023 |
olahero: |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by NoToPile: 4:15pm On Jan 24, 2023 |
I hope there won't be disaster next week, I have called my mum to deposit all the old notes she has at POS and stop accepting 200 naira and above at her shop I will visit and give her some new notes to hold body till this madness is over. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Eriokanmi: 4:16pm On Jan 24, 2023 |
God1000:You can't hoard what isn't available. The cbn knows what they're doing. See as new note go yapa after the deadline. It's just like saying banks don't have dollars...iro nla. They're only acting on the CBN's directives. The withdrawal limit too has hampered things for them 1 Like |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by nkpommpko(m): 4:36pm On Jan 24, 2023 |
Is it today you where told? |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by TheNiceGuy(m): 4:52pm On Jan 24, 2023 |
Emefiele is a failure |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Emeka71(m): 4:53pm On Jan 24, 2023 |
FalseProphet1:Even me. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by mechanics(m): 4:55pm On Jan 24, 2023 |
It's too early for banks to start rejecting the old naira notes. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by lordprogress: 5:23pm On Jan 24, 2023 |
It will definitely be extended cause I am yet to get my hands on any of the new note here. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by twosquare(m): 5:35pm On Jan 24, 2023 |
people are hoarding it, not just politicians...so as not to be stranded after deadline...you will be surprised how it will emerge after 31 Eriokanmi: |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by twosquare(m): 5:38pm On Jan 24, 2023 |
As for the atm still dispensing old notes, don't get caught with the cookie after the deadline....don't rush to the ATM to see if they have changed the notes...naija banks may put old notes there and say they 'forget' am there, refuse to take it in again from you, already debit your account...it will be to their gain. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Johnken1234: 5:56pm On Jan 24, 2023 |
I don't know the kind of professionals we have in that sector. There are so many ways to go about this cashless economy rather than what CBN did. CBN just wasted funds in trying to print new naira notes. The correct thing they would have done is to allow the old 200, 500 and 1000 notes in circulation, print more of 100 naira notes, let 100 naira notes be the highest denominations. then any 200, 500 and 1000 notes received by the bank will never go out. Mandate banks to be paying 100 notes, ATMs paying 100 notes, give a reasonable time for the retrieve of the old 200, 500 and 1000 notes. You will see people will be forced to go cashless by making transfers knowing the implications of carrying 100 notes with them which will be very bulky. |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Sukkyy2010: 6:17pm On Jan 24, 2023 |
faceland:How does this changes perve a way for an opportunity for POS ? Analyze your perception sir |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Lookingback: 6:21pm On Jan 24, 2023 |
yesloaded: Exactly my Brother. No big deal |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by victooman: 6:21pm On Jan 24, 2023 |
Pascal9:may God punish u ,, u useless fool,,, u think the whole country revolves around ur vicinity ,, why are some of u this selfish and self centered? do u think Nigeria starts and end in ur locality? have u travel before u this local man? |
Re: Old Naira Notes: Nigerians Fear Massive Losses As Deadline Draws Near by Pascal9: 6:28pm On Jan 24, 2023 |
victooman:some one that can't deposit his money for more than 90days, is not ready to do it, either the source of the money is fraudulent or he is a politician.You are not God, soo I can't be punished for speaking my mind |
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