Sleekfingers:




I think , they will extend it.......they will definitely announce it on Monday Midnight.

The extension will only make genuine people relax and give criminals and vote buyers more time.

it is pointless to extend it.

Loliip:
Crazy

This is a deliberate act from cbn to mop up cash from circulating.

Exactly! But Nigerians are over exaggerating things are usual

Xubo30:
I heard that politicians are exchanging their billions using commercial banks,, like through bank managers, if they bring 50 million old currency , you give them 49 million and take 1million,,

This country can never be good, corruption has eaten ue so deep

That’s why CBN is giving banks just 10% to make this impossible. So your assertion is near false

unclejb2:
no one is going to get hurt. By Wednesday, the new note will flood the market

No, it won't because the aim of cashless economy as being taunted by the two Olodos is to reduce the quantity of paper money in the circulation.
Banks are being given one tenth of what they are taking to CBN. Do you get that or you need more explanation?

jaxxy:



The extension will only make genuine people relax and give criminals and vote buyers more time.

it is pointless to extend it.

Yes It is.......

maasoap:


No, it won't because the aim of cashless economy as being taunted by the two Olodos is to reduce the quantity of paper money in the circulation.
Banks are being given one tenth of what they are taking to CBN. Do you get that or you need more explanation?

yes. We won't have as much as would be enough to buy votes. But we would definitely have more in circulation than we do now.

unclejb2:
yes. We won't have as much as would be enough to buy votes.

The money to buy votes is already stored and more will be stored! This is a country with elements of corruption in every corner. Reality is different from wishful thinking my friend. Even CBN officials admitted that underground dealings with new naira notes are taking place.

But we would definitely have more in circulation than we do now.

Won't be enough until those two clowns leave office

PrinceOfLagos:
Bank transfer is the way to go for now for me

I just wonder why CBN is not pushing bank transfer alternative aggressively. By first even removing or suspending that fraudulent stamp duty turned electronic fee levy.

Electronic fee as if the country even has electricity 😁

MrJames007:
Wait o, are we still allowed to use the old 100, 50, and 20 notes? Since the new note came in only 3 denominations, if I buy something change remain, how we go do am

100, 50, 10 & 5 is allowed

TheMostComplex1:


100, 50, 10 & 5 is allowed

Ok, man.

Good that they are beefing up security.

Imagine people being unable to get money after the one they have finishes. It can degenerate to riots quickly, and the banks will be the direct beneficiaries of the wrath from the irate mobs.