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Nairaland Forum / Nairaland / General / Business / CBN Plans To Introduce N5000, N2000 Notes (32585 Views)
CBN Plans Sanctions Against Exporters – Emefiele / CBN To Introduce Lower Denominations On Atms / CBN To Introduce N5,000 Note (2) (3) (4)
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Re: CBN Plans To Introduce N5000, N2000 Notes by francis247(m): 2:32pm On May 13, 2012 |
R.I.P. Naira *crying* |
Re: CBN Plans To Introduce N5000, N2000 Notes by NukleosShakur: 2:33pm On May 13, 2012 |
Our dear naira losing its value day by day.what a shit! |
Re: CBN Plans To Introduce N5000, N2000 Notes by manny4life(m): 2:35pm On May 13, 2012 |
alj harem: Buhahahahahahahahahahahahahahahahahahaha My belle oh !!!! Seriously, what is wrong with you? How does this relate to fuel subsidy? Besides, was subsidy creating revenue or even bigger expense for us? ![]() ![]() ![]() |
Re: CBN Plans To Introduce N5000, N2000 Notes by dabrake(m): 2:36pm On May 13, 2012 |
Viewing this topic: emmyitodo, Prettypresh, LEGSTRONG(m), 9icelag, Zeus Zuco, 702, hoodboy(m), Honeyhill, Lilprocess(m), Konnektions146(m), Rcih , But_one_day, ucheo, tafiya, chidex101(m), chrizfasa, nelsono(m), ife_lekan(m), Valmesk(m), shesco(m), dabrake(m), Felixadded, SHOGUN13(m), Masanto, wave@, BlackPikiN, manny4life(m), francis247(m), Nukleos-Shakur, PeeDaVinci, bayleaf(m), hipinnacle, Guapo(m), ItsModella(f), bandiejay(m), Dawdy, deeteeneey(f), nerodenero, Excelboi(m) and 54 guest(s)omo, people dey vex oh. e wan be like sey na chelsea match ![]() ![]() ![]() ![]() ![]() |
Re: CBN Plans To Introduce N5000, N2000 Notes by LEGSTRONG(m): 2:37pm On May 13, 2012 |
that does it!!! i must start getting ready to leave this country!!!! before we become like cotonou |
Re: CBN Plans To Introduce N5000, N2000 Notes by Sike(m): 2:41pm On May 13, 2012 |
bandiejay: [size=14pt]I Only pray to God almighty to plz grant me favor In Nigeria and do not let me suffer as Nigeria Economy Suffers this is my Wish Olord if dem like make dem print 20million naira in 1note i dey hia dey wait.[/size]Well-prayed. |
Re: CBN Plans To Introduce N5000, N2000 Notes by Jibwillz: 2:44pm On May 13, 2012 |
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Re: CBN Plans To Introduce N5000, N2000 Notes by tit(f): 2:44pm On May 13, 2012 |
Omonile, abeg borrow me one ojuku? |
Re: CBN Plans To Introduce N5000, N2000 Notes by Ideasroole: 2:46pm On May 13, 2012 |
Nt surprised! De v had dis in mind 4rm d onset wen de introduced d #200, #500 n #1000 notes. |
Re: CBN Plans To Introduce N5000, N2000 Notes by portable48(m): 2:48pm On May 13, 2012 |
:Ddis is a new developmentdis is a new developmentdis is a new development |
Re: CBN Plans To Introduce N5000, N2000 Notes by Ideasroole: 2:50pm On May 13, 2012 |
slumcat: wit d way tinz are going, i'd be glad if d colonial masters can come back n take over power from these donkeys.E 4 beta o |
Re: CBN Plans To Introduce N5000, N2000 Notes by ramalot(m): 2:53pm On May 13, 2012 |
Dipwater: And they say these guys are not members of illuminati . Really? dude.. Soon enough we'd hear "mama Sikira jus throway my baff wata. e be lik say she don join illuminati" |
Re: CBN Plans To Introduce N5000, N2000 Notes by Ideasroole: 2:54pm On May 13, 2012 |
mxxpunkxx: so if a note should fall out of my back pocket unknowingly,Na 2 jst lost follow d money sef o ![]() |
Re: CBN Plans To Introduce N5000, N2000 Notes by jeddyMay(f): 2:56pm On May 13, 2012 |
D coins dat was 'refurbished' d oda time, is it stil existing? Can a common man on d street use it, r banks 'practically' accepting it? If #50 is changed 2coins, dat means what we get for 50naira will automatically move to 100naira n above. Will dat Mallam tel us d 2000 n 5000 policy is in line wt d cashless policy or anoda one. I SMH for Naija |
Re: CBN Plans To Introduce N5000, N2000 Notes by omenziate(m): 2:57pm On May 13, 2012 |
When dis government is done wit its citizens, so many pple will b queueing at d seaport and borders volunteering to b slaves to neighbouring countries. Chai, we just select all d bad bad pple for nigeria put them together to make our lives hell. |
Re: CBN Plans To Introduce N5000, N2000 Notes by Onyenna(m): 2:59pm On May 13, 2012 |
Inflation ooooohh!!!! If actually this news is solid, then I just wonder how they reason ![]() Why d_f**k did they remove coins in the 1st place!!??... Removing coins in the first place still remains their greatest mistake when it comes to curbing inflation.... 5000 and 2000 notes!?... polithiefcians don dey smile oooohh!!! |
Re: CBN Plans To Introduce N5000, N2000 Notes by Butoneday2(m): 3:04pm On May 13, 2012 |
Nigeria jaga, jaga, evrytin scatter, scatter, kposa, kposa!! |
Re: CBN Plans To Introduce N5000, N2000 Notes by ismhab(m): 3:04pm On May 13, 2012 |
This is NIGERIA.
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Re: CBN Plans To Introduce N5000, N2000 Notes by Butoneday2(m): 3:09pm On May 13, 2012 |
@LEGSTRONG, ur'e planning to leave the country, me i don't commot since go naturerise at abidjan, is beta cos half bread is beta dan chin chin. |
Re: CBN Plans To Introduce N5000, N2000 Notes by JOACH3K5(m): 3:12pm On May 13, 2012 |
That will not HAPPEN! You shall see!! |
Re: CBN Plans To Introduce N5000, N2000 Notes by ektbear: 3:25pm On May 13, 2012 |
What is so bad about this? N2000 is not even $20. I don't think that introducing a $20 note would be considered revolutionary ![]() |
Re: CBN Plans To Introduce N5000, N2000 Notes by jude33084(m): 3:29pm On May 13, 2012 |
![]() ![]() Another Easy WAY to pack more money abroad. |
Re: CBN Plans To Introduce N5000, N2000 Notes by mrvictor: 3:36pm On May 13, 2012 |
Mallam Sanusi, Okonjo Iweala, Goodluck Jonathan & the economic team; are they educated at all? Are they under a spell? A first school leaver can even reason better then these people! …cashless society with the introduction of N2000 & N5000? How stupid there are? The universities they graduated from should be closed down for producing morons! |
Re: CBN Plans To Introduce N5000, N2000 Notes by aljharem(m): 3:36pm On May 13, 2012 |
manny4life: What do you think ? You are the economist here. I as a layman know that the reason why a sensible person would justify this for her money is because the value of the current denomination hold nothing again (Little or no value). Again why would Nigeria go for such ? Because we no longer control our prices (commodities). Ever since the fuel subsidy saga, prices of goods have risen and the so called promises that it would not affect the masses was betrayed. Thus inflation. Prove to me that I am wrong. |
Re: CBN Plans To Introduce N5000, N2000 Notes by segunjowo(m): 3:39pm On May 13, 2012 |
There is no hope for this country. Let sanusi do all he needs to do before 2015 to despoil Naira. I am sure Nigeria will cease to exist after then and so we won't have to worry about Naira. |
Re: CBN Plans To Introduce N5000, N2000 Notes by Yinkay: 3:48pm On May 13, 2012 |
How come highest denomination in US is $100,British pounds is £50 and Euro is €500 despite the size and diversification of their economic base? |
Re: CBN Plans To Introduce N5000, N2000 Notes by manny4life(m): 3:51pm On May 13, 2012 |
alj harem: You are right in your theory, however, fuel subsidy is not the primary reason why prices skyrocketed. After all, prices of fuel subsidy increased by about 50%, yes, prices in goods and services increased, but not at the % at which SLS has determined to put Nigeria into chaos. There were other factors as well, besides, this is a fiscal responsibility AND NOT a monetary policy. Did you see them give a reason for this? Answer is NO, because his policies is backfiring; from FOREX, to devaluation to shrinking of capital market, to high interest rate etc. What do you think will happen? What do you think will happen to market price? Now you blame fuel subsidy? Biko, this one is not fuel subsidy. |
Re: CBN Plans To Introduce N5000, N2000 Notes by dasparrow: 4:01pm On May 13, 2012 |
@Post I see they are making it easier to steal huge sums of money. Oh well! |
Re: CBN Plans To Introduce N5000, N2000 Notes by Olaisrich(m): 4:03pm On May 13, 2012 |
So, we are now copying Ghana, no wonder they called demselves pace setter. This ghana style joo! |
Re: CBN Plans To Introduce N5000, N2000 Notes by aljharem(m): 4:04pm On May 13, 2012 |
manny4life: Biko biko, just cause you are good in economics does not mean "economic terms" to confuse me. 1. Whether primary reason or not, IT instigated it. Yes ! 2. Price of fuel increased by 50 % after increasing by 150 % at the first place. Nigeria economy, once a price goes UP it never comes DOWN. Nigeria is not a first world country where prices are regulated. You should know how things work here in Africa. I am sorry, the rest I don't understand, Again I am a layman |
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