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Nairaland Forum / Nairaland / General / Business / Are People Using Old Naira Notes In Your Area? (38626 Views)
FG Bows To Will Of The Supreme Court: Old Naira Notes Remain Legal Tender - FFK / Supreme Court Temporarily Halts Banning Of Old Naira Notes / Banks Will Accept Old Naira Notes After Deadline - Emefiele (2) (3) (4)
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Re: Are People Using Old Naira Notes In Your Area? by Limassol(m): 11:24am On Mar 05, 2023 |
God1000:On the surface, whatever the supreme court says is final. But that is really not the case. For proof, look at recent events such as this Naira redesign policy. |
Re: Are People Using Old Naira Notes In Your Area? by SmartyPants(m): 11:24am On Mar 05, 2023 |
There is a process. The Supreme Court judgment is between the parties that went to Court, which are the governors and the FG. Now, naira restriction is between the CBN and the FG. So the FG, not the CBN, is to comply by instructing the CBN to discontinue the policy. Then the CBN will instruct the banks. All of this will play out by Monday to Tuesday. 10 Likes 3 Shares |
Re: Are People Using Old Naira Notes In Your Area? by rickleye: 11:25am On Mar 05, 2023 |
Partnerbiz: Facebook MarkstplCs Dell recertified |
Re: Are People Using Old Naira Notes In Your Area? by ProphetM0hammad: 11:25am On Mar 05, 2023 |
ahnie: There's no network I'll give you old note, you'll collect it and be grateful |
Re: Are People Using Old Naira Notes In Your Area? by CodeTemplar: 11:25am On Mar 05, 2023 |
The supreme court is just another chapter of corrupt politicians' wickedness system of oppression. They pervert justice for a fee. 1 Like |
Re: Are People Using Old Naira Notes In Your Area? by Vickho: 11:26am On Mar 05, 2023 |
ganisucks:shut up Dorian Rugaria. you were supporting that policy thinking it will affect Tinubu your nightmare 2 Likes |
Re: Are People Using Old Naira Notes In Your Area? by Mcreloaded(m): 11:26am On Mar 05, 2023 |
The judgement was filed with old N500 and N1000 notes and the case file was rejected at the Supreme Court. They had to use the new naira notes to file the case. Until I see lawyers filing cases withh the old naira notes and the lower courts and Supreme courts accept the old naira notes then I will know they are serious about their judgement. 5 Likes 1 Share |
Re: Are People Using Old Naira Notes In Your Area? by treatise: 11:27am On Mar 05, 2023 |
ganisucks:You be correct guy! |
Re: Are People Using Old Naira Notes In Your Area? by Vickho: 11:27am On Mar 05, 2023 |
Akwamkpuruamu:Igbo man shut up and stop lying. You're not and can never be in uyo 1 Like |
Re: Are People Using Old Naira Notes In Your Area? by Limassol(m): 11:28am On Mar 05, 2023 |
SenatePresdo:The whole excuse of "vote buying" as a rationale for the cash crunch was nonsensical. |
Re: Are People Using Old Naira Notes In Your Area? by Engineeradams: 11:29am On Mar 05, 2023 |
I get dell and hp UK used call dis number 08036830753 wasap calling line_08028479581 |
Re: Are People Using Old Naira Notes In Your Area? by Vickho: 11:29am On Mar 05, 2023 |
SenatePresdo:at times I wonder why Obi supporters are so senseless |
Re: Are People Using Old Naira Notes In Your Area? by Nobody: 11:29am On Mar 05, 2023 |
God1000: I can bet you don't have the old notes Why are you deceiving people here! |
Re: Are People Using Old Naira Notes In Your Area? by Parachoko: 11:29am On Mar 05, 2023 |
OfficialP:What's stopping the CBN all this while from making the new notes available abundantly? Do you have evidence the old notes have all been destroyed? 2 Likes |
Re: Are People Using Old Naira Notes In Your Area? by Chinedumejoooo: 11:30am On Mar 05, 2023 |
If the banks start to load the old naira note in their ATM machine and in the banking Hall from Monday is when I will start to collect the old note. |
Re: Are People Using Old Naira Notes In Your Area? by ViceGovernor: 11:30am On Mar 05, 2023 |
God1000:That should be the norms. But in Nigeria our case different and we know so let's stop pretending. Buhari can wake up tomorrow morning and lock up a supreme court judge and nothing will happen. Whatever the executive say is final after God na executive after executive na still executive. Judiciary and legislature are as useless as the P in psychology. Principle of checks and balance seems to be alien in naija 4 Likes 1 Share |
Re: Are People Using Old Naira Notes In Your Area? by 0monnak0da: 11:31am On Mar 05, 2023 |
Limassol:Totally
|
Re: Are People Using Old Naira Notes In Your Area? by SenatePresdo(m): 11:32am On Mar 05, 2023 |
Limassol: Possibly, but not totally nonsensical. |
Re: Are People Using Old Naira Notes In Your Area? by Coronavirus1: 11:32am On Mar 05, 2023 |
We have two government in place one is Federal government the second government is the supreme Court, If allowed supreme Court to stand the Federal government has no Authority every single policy will be challenged in the supreme court. 1 Like |
Re: Are People Using Old Naira Notes In Your Area? by uchennamani(m): 11:32am On Mar 05, 2023 |
God1000: Nobody wants to collect money he would have problem spending. Also, the volume of old money is circulation is virtually gone. The very few ones are in the hands of politicians. They can exchange it with the new notes as nobody would want to collect it. If someone paid you with 50 old notes of either one thousand or five hundred Naira note, will you accept it? You won't because you don't want to stress yourself when you spend it. The implication of this is simple: The old notes will co-exist with the new notes till December 2023. The old notes are virtually not in circulation and the CBN won't push them back, so the currency that is available for transaction are the new notes. 2 Likes |
Re: Are People Using Old Naira Notes In Your Area? by giftedshantel(m): 11:32am On Mar 05, 2023 |
No old note usage over here in Edo |
Re: Are People Using Old Naira Notes In Your Area? by Asour: 11:32am On Mar 05, 2023 |
ganisucks: They're not doing anything smart. The same Nigerian government that did NIN & BVN as well as SIM registration. What were the 'security' gains from all those? Russia's Romanov & Lenin are not in the best position for to learn monetary policy from. 3 Likes |
Re: Are People Using Old Naira Notes In Your Area? by Ibrahim505(m): 11:33am On Mar 05, 2023 |
I spent 9k old notes today. Whole sale provision store placed advert yesterday that it is collecting it. I'm sure Buhari will give in to the supreme court orders by upper Monday when the election is over. 3 Likes 1 Share |
Re: Are People Using Old Naira Notes In Your Area? by Redhot0007: 11:33am On Mar 05, 2023 |
They are demanding your pvc for the serial code embedded in it. They will extract the codes and use it to pre-populate the INEC server for accredited voters. This will make it easier for them to allocate results to their candidates on the election day without questions. Be vigilant. Don't hand in your pvc to them. INEC should do something now to block them. Replace all the IT guys now, they are all compromised. If you can't replace them now, give them seriouse warning and put them under intensive 24hrs surveillance. They want to rig professionally and flawless this time. 1 Like 1 Share |
Re: Are People Using Old Naira Notes In Your Area? by youngreezy(m): 11:33am On Mar 05, 2023 |
ganisucks:explain give us na bro,make we sef know wetin dey happen...e come be like say we dey lost abeg .. |
Re: Are People Using Old Naira Notes In Your Area? by ABLEGUY24(m): 11:34am On Mar 05, 2023 |
God1000:We are waiting for CBN instructions so we can't take the risk now 2 Likes |
Re: Are People Using Old Naira Notes In Your Area? by eben97: 11:34am On Mar 05, 2023 |
THE QUESTION IS HOW MANY LEGAL ABLE NIGERIANS stil have old notes with them as we speak and to what volume?u would notice that only d wealthy leaders have this currency on them.hence this weepin over its return.the judgement wont hold sway untill after sat election o ! then i can also see an increase in cash withdrawal limit and as then,the sheriff would have achieved his goals! 1 Like |
Re: Are People Using Old Naira Notes In Your Area? by guru90: 11:35am On Mar 05, 2023 |
NIGERIA is a country, where our leaders don't value the masses they are leading......... Government misleading the masses in the state of confusions..... |
Re: Are People Using Old Naira Notes In Your Area? by ganisucks(f): 11:35am On Mar 05, 2023 |
youngreezy:There's no "I" in Team. But there's "We" in weak. |
Re: Are People Using Old Naira Notes In Your Area? by porthouse7(f): 11:35am On Mar 05, 2023 |
Things will be clearer tomorrow 1 Like |
Re: Are People Using Old Naira Notes In Your Area? by MartinsD12(m): 11:35am On Mar 05, 2023 |
God1000:Expect the dunce bald CBN mumu that brought hardship to Nigerians to speak on Monday, in a country that is well organized he should be in jail now. 1 Like |
Re: Are People Using Old Naira Notes In Your Area? by Godfullsam(m): 11:37am On Mar 05, 2023 |
opeldavid: He also won massively in Ghana, Cameroon, Uganda, Senegal, Ethiopia etc. These were supposed to be his strong holds. 1 Like |
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