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CBN Plans To Introduce N5000, N2000 Notes - Business (5) - Nairaland

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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 ayobase(m): 6:58pm On May 13, 2012
ollah1:

What about below people

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They are holding a prayer meeting
for sanusi and company!
Re: CBN Plans To Introduce N5000, N2000 Notes by ayobase(m): 7:10pm On May 13, 2012
Daymauler: Spokesman of the Central Bank Ugochukwu Okorafor, who spoke to LEADERSHIP SUNDAY, however, said he could not confirm that the bank’s governing board was thinking of introducing two new denominations in addition to the existing ones.

Why are you guys blind to the bold? In replying the question asked, the spokesman said doesn't know if the Board was contemplating such. So why the fuss? Why the rain of abuses?

They will never come out straight.
They first push it to d pple and act
on their reactions either by
hoodwinking or to-hell-with-them
tactics.

Rumours in Naija are realities!
Re: CBN Plans To Introduce N5000, N2000 Notes by trigar12(m): 7:15pm On May 13, 2012
grinRITUALISTS WILL GO ON A RAMPAGE AGAIN O
Re: CBN Plans To Introduce N5000, N2000 Notes by Nobody: 7:17pm On May 13, 2012
Every note changed to coin becomes obsolete. I suggest no denomination be changed to note, but we should introduce 10,000 Naira Note only, to help mop excess note in the system.

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Re: CBN Plans To Introduce N5000, N2000 Notes by jmslimx(m): 7:28pm On May 13, 2012
sometimes i no dey like read Nigeria news because , this people just think about them selves na thunder go bring dem down from that place 1 by 1
Re: CBN Plans To Introduce N5000, N2000 Notes by denazib(m): 7:41pm On May 13, 2012
before a loaf of bread in ghana waz 5000cedis after now a loaf of bread in Nigeria will be 7000naira nigeria were are we heading to
Re: CBN Plans To Introduce N5000, N2000 Notes by GATomcruise: 7:53pm On May 13, 2012
am so sorry for this country.they still want to reduce the value of NAIRA.asume;;;;;;;;;;;
Re: CBN Plans To Introduce N5000, N2000 Notes by vanstanzy(m): 7:57pm On May 13, 2012
Nigeria's currency is on tjhe decline n this is what the CBN can come up with. Our thieving politicians will have a field day stealing loads of money n wont give a rats @ss about the poor masses, they never have. Come to think of it, did aboki sanusi think of what would happen to our inflation rate? In my opinion, he equally doesnt give a flying Zap.
Re: CBN Plans To Introduce N5000, N2000 Notes by perfectcrush(m): 7:59pm On May 13, 2012
Fowl fowl fowl!!! Fowlll
Re: CBN Plans To Introduce N5000, N2000 Notes by lookmangiw(m): 8:06pm On May 13, 2012
morgist: na lie THIS NA RUMOR.... GOD FORBID!!! @op abeg weting dey do you get important topic to post abeg!
*rumour* i agree, but its only in nigeria that rumour turns out to be the reality. It has happen before and it will always happen again.
Re: CBN Plans To Introduce N5000, N2000 Notes by chuks49(m): 8:32pm On May 13, 2012
This topic has over spent its time on top of the front page, it seems seun and mukina re busy with extra NL affairs.
Re: CBN Plans To Introduce N5000, N2000 Notes by otondo55: 8:36pm On May 13, 2012
This is the worst government will do.

Hell Noooooooo!

Naija turn Malawi,

Pls dont kill this Economy finally, this is just to aid politicians to loot.

Think of the masses, inflation and non-usability of coins in Naija.

Pls i beg in the name of God,.....crying
Re: CBN Plans To Introduce N5000, N2000 Notes by wandeay: 8:38pm On May 13, 2012
nonsense!! Selfishness, na politician and pple like him dey carry money about, when pple dont hav much money 2 carry about, wat do we nid dat for? Is dat fuel issue? D unemployment? Accidents on our roads? Collapsing banking system? Education? Etc, am tired of thid country
Re: CBN Plans To Introduce N5000, N2000 Notes by Nobody: 8:48pm On May 13, 2012
2000 and 5000 naira notes are more in line with a cashless policy

1) you cannot go completeley cashless
2) n5000 notes are more cost effective to print than n1000
3) for those times when you must have cash, it is easier to carry around n500,000 in n5000 notes than in n1000 notes. - all those times when one makes a big withdrawal and then leaves the bank with a big bag . . .
Re: CBN Plans To Introduce N5000, N2000 Notes by slimchimex(m): 9:08pm On May 13, 2012
Yeske!:
Hope this is not true, instead of printing higher denomination the CBN could redenominate the existing face value eg, removing two zeros from the value so #100 becomes #1 etc. With that the use of kobo coins will be possible. Don't know what that mallam is up to, does he need a rocket scientist to tell him that could reduce the cash one can carry about?
love u bro..pls call d mallam n tell him dat..
Re: CBN Plans To Introduce N5000, N2000 Notes by vanstanzy(m): 9:50pm On May 13, 2012
[quote author=amosy007]
keep dreaming... Who will put d face of a rebel on our naira note?
N:b ojukwu didnt fight 4 nigeria... He fought 4 Igbo... When u have ur biafra u can put his face on all ur currencies[/quote

@amosy007
Are u under oath to answer everybody in a tribalistic view point? The guy never attacked any tribe but just expressed his view. Let me tell u, ur opinion wont matter when it comes to choosing faces 4 that white elephant project, neither will they even ask u. Hell! They dont even know whether u exist.

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Re: CBN Plans To Introduce N5000, N2000 Notes by kingsyiyke: 10:06pm On May 13, 2012
una black nyash there....rubbish....5000 koo 2000 nii
Re: CBN Plans To Introduce N5000, N2000 Notes by bigiyaro(m): 10:39pm On May 13, 2012
What do u expect wen u have an islamic studies graduate as CBN governor? Anyway, this will reduce the size of ghana must bags.this is one sure way of reducing the volume of cash being carried around.oya make u clap for sanusi.
Re: CBN Plans To Introduce N5000, N2000 Notes by jevic(m): 10:43pm On May 13, 2012
Sanusi should not even think of that.because naira will be made more useless...He should just discard the idea for the good of our nation,NAIJA
Re: CBN Plans To Introduce N5000, N2000 Notes by Nobody: 12:19am On May 14, 2012
That denomination is not large enough! Sanusi and the nation govt should introduce Zillion Naira note, at least, it is not the first country to do that. Zimbabwe did it before. Hahaha . . .
Re: CBN Plans To Introduce N5000, N2000 Notes by chemberlin(m): 12:19am On May 14, 2012
Emberzzeling in d highest order...this people think we are fools? Ccarry 5millon is like change...abeg make we no accept this, our leaders are thieves we all knw not for our own good...imagine me given conductoer 2k note and expect him to give me change.
Re: CBN Plans To Introduce N5000, N2000 Notes by DECOtech(m): 12:25am On May 14, 2012
jason123: Nigeria deserves this. Next time we would appoint or vote based in competence not ethnicity or quota system. cry cry cry cry cry cry cry cry cry cry cry cry cry cry cry cry cry cry cry cry cry

*Almost in tears*
why calling the president? The OP did not say its his idea.
Re: CBN Plans To Introduce N5000, N2000 Notes by DECOtech(m): 12:33am On May 14, 2012
ANTITRIBALISM: Hahaha! Maybe the CBN governor wanted his signature to appear in the Nigeria currency especially the higher denominations.
meaning what exactly? Whose fucking signature is on the currency notes presently in circulation?
Re: CBN Plans To Introduce N5000, N2000 Notes by DECOtech(m): 12:38am On May 14, 2012
alj harem: [size=13pt]Shebi una talk say you no go learn, You go learn by thunder by fire.

Sanusi is just following the economy so stop blaming Sanusi

If you increase price of fuel in a mono economy like Nigeria, every commodity inflates, thus devaluing the Naira. eg what 10 can buy before would be less now

SO STOP BLAMING SANUSI !!!!!![/size]
Sanusi shld not follow the economy. He shld come up with ideas to subdue this economy.
Re: CBN Plans To Introduce N5000, N2000 Notes by msb247(m): 12:49am On May 14, 2012
norseman2: Wen dis happens I wil jst disown dis country

you better do that right away angry
Re: CBN Plans To Introduce N5000, N2000 Notes by obowunmi(m): 2:32am On May 14, 2012
how will we find change for 5000 naira? and pls i don't want to be paid in COINS..... should I start carrying a pangolo around?
Re: CBN Plans To Introduce N5000, N2000 Notes by calddon(m): 4:20am On May 14, 2012
new way to carry naija money easily. politicians no go kill me
Re: CBN Plans To Introduce N5000, N2000 Notes by JAZES(m): 6:09am On May 14, 2012
But guys, this is still an unconfirmed report now.
Make una cool down now.
Re: CBN Plans To Introduce N5000, N2000 Notes by skyflash(m): 6:36am On May 14, 2012
life_style:

If this allegation is true, then they are all bunch of illiterates angry
Before nko this man na boko haram
Re: CBN Plans To Introduce N5000, N2000 Notes by lastpage: 6:52am On May 14, 2012
Yinkay: 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?
If you carry any of those highest denominations and present it at a store to buy something, ALL EYES WILL BE ON YOU! grin
You just dont see it flying around BUT in Nigeria's case, you will see "thieves spraying it" at parties sef! shocked shocked

When 20Naira was highest denomination, Politicians steal hundreds of thousands Naira

When 50Naira was highest denomination, Politicians steal Millions Naira

When 2000Naira was highest denomination, Politicians steal hundreds of Millions Naira

When 500Naira was highest denomination, Politicians steal Billions of naira

Now, Sanusi and Jonathan are upping their game!

Smart guys, they intend to loot Nigeria to the tune of Trillions of Naira! grin


Heaven will only help those who stand-Up and help themselves......seems Nigerians are not ready yet!
The suffer-head never reach correct levels!


Hmmm...so Nigeria will now overtake Zimbabwe?


Lastpage!

1 Like

Re: CBN Plans To Introduce N5000, N2000 Notes by thoth: 7:18am On May 14, 2012
Nigerians are really strange , the IMF/World Bank gave this directive a long time ago , your president agreed on it even before if was made president. I wrote about it last year but many people were saying it is not possible and yelling farce. I hope they are here to witness it , people should relax because more hardship is coming your way. When you people have actually suffered really well maybe you should change the habit of calling informed individuals conspiratory theorists. More hardship more suffering means more premature deaths , it keeps working for the enemies of the black man in gis own lines. The only edge nigeria has on security is our population and we would be loosing that edge soon.

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