Millz404:
CBN is making it scarce on purpose, what is the point of changing the old notes when you are just going to flood everywhere with the new ones.

Get new notes enough for petty transactions, anybody that wants above 1k from your hand, do transfer.

unclejb2:
The currency is available, the politicians are already buying it from the banks.

nlfpmod:


https://www.google.com/amp/s/businessday.ng/amp/news/article/bank-operators-tackle-cbn-on-alleged-hoarding-of-new-notes/


Picture of CEOs of commercial banks meeting with the house ad hoc committee on Banking and Other financial issues on Thursday in Abuja.

YungMillionaire:


You want Tinubu (a graduate with DISTINCTION) to step down for Obi (a 3rd class dullard)?

Is you brain paining you?

Stanweezy:
For now all payment made to my company should be online, no more acceptance of cash till further notice

tradepunter:


Men this country is backwards oooooo....

So must all transactions be cash Men

nlfpmod:


https://www.google.com/amp/s/businessday.ng/amp/news/article/bank-operators-tackle-cbn-on-alleged-hoarding-of-new-notes/


Picture of CEOs of commercial banks meeting with the house ad hoc committee on Banking and Other financial issues on Thursday in Abuja.

Sholmakem:
No be small thing oo. I went to queue at the ATM yesterday, before it got to my turn the machine stopped dispensing 😢 I went to use POS , my card was declined and I was debited.

Getting that money was the only solution i had to eat . My mother also tried to bail me out , she was also debited but I didn't receive any money 🙆 that's how I slept without eating anything yesterday till this evening that I asked her to send it directly to the POS guy directly .omo Zenith bank do me shege .

leisuretym:
Confused government, I can bet it with Emefiele himself that he’s just jonzing because the 31st January deadline is unrealistic,
Last last! We’ll end up spending both old and new notes for long , we have already extended the deadline till they have sense.

BreconHills:


If black market speculators are in charge of the economy - how come after the initial spike the fx rate has settled into a band?

There are far more things wrong with the economy than currency speculation. If it is currency speculation why does the government not increase the amount of dollars right now to force the dollar price down...After all there is little or no naira to chase it on the streets.

Mustiboy:
There’s no way the deadline wouldn’t be extended.

The old notes are still very much in circulation, and there’s no way banks will take them all in 4 days.

LaconicINC:


Lolz don't go and deposit your old notes be hoping for extention that will never happen

Zico777:

U are so on point Boss!

banggy:



Why should a more qualified Tinubu stepdown for Obi


Remove ur biase spec abeg

mcfestgee:

think it's high time we stop attacking ourselves in the south. The north have come together to give the mandate to Atiku. Bubu is dancing towards this direction.

This they will actualize through the greediness of the south politicians.

The only way to ensure power does not shift to the north is that the two frontrunners in the south is to agree to step down for each other. North alone cannot produce the president, they need the cooperation of a region in the south which Tinubu help them to achieve in 2015.

I will suggest Tinubu swallow some pride, step down for Obi because the northerners around him don't want him, they just want to eat his money. Also, Tinubu has so much baggage that does not appeal to youth and the elighteened Nigerians that formed the bulk of this year's election.

Once again, the North at last, last whether in PDP or APC Will rally round Atiku. That is why you hear APC decamping to PDP every day in the North.

Let South West stop insulting south East and let South East stop insulting south west.

I come in peace.

mcfestgee:

think it's high time we stop attacking ourselves in the south. The north have come together to give the mandate to Atiku. Bubu is dancing towards this direction.

This they will actualize through the greediness of the south politicians.

The only way to ensure power does not shift to the north is that the two frontrunners in the south is to agree to step down for each other. North alone cannot produce the president, they need the cooperation of a region in the south which Tinubu help them to achieve in 2015.

I will suggest Tinubu swallow some pride, step down for Obi because the northerners around him don't want him, they just want to eat his money. Also, Tinubu has so much baggage that does not appeal to youth and the elighteened Nigerians that formed the bulk of this year's election.

Once again, the North at last, last whether in PDP or APC Will rally round Atiku. That is why you hear APC decamping to PDP every day in the North.

Let South West stop insulting south East and let South East stop insulting south west.

I come in peace.

greatiyk4u:
CBN is hoarding it on purpose ,release large chunk before deadline and see politicians take advantage and change it with their stashed loot

From Tuesday, banks will start receiving enough of the new currency from CBN since by then, the old ones are useless


It makes enough of economic and security cum strategic sense.

Mustiboy:
There’s no way the deadline wouldn’t be extended.

The old notes are still very much in circulation, and there’s no way banks will take them all in 4 days.

dayleke:
O ti seh

Madridstar:
Bandits and kidnappers are shocked by the happenings in Nigeria this period, they don go mute

feranmi143:
Yo, cbn put a dead line on the old note without printing enough funds to replace it. in that case the only option left is to send it into your acc