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Nairaland Forum / Nairaland / General / Business / Naira Redesign : CBN Deadline ; What's the situation in your area ? (33340 Views)
New Naira: Confusion Deepens As CBN Deadline Ends Today / Naira Redesign: CBN Denies Plan To Print ₦5,000 Note / Naira Redesign: Bags Of Damaged Naira Notes Discovered (Video, Pictures) (2) (3) (4)
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Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Nobody: 8:54pm On Feb 10, 2023 |
Salvador1: You are on nairaland you are telling lies. For what purpose? Lagos has population of over 20 million people. In which of the markets are they rejecting the old naira notes? Which transporters are rejecting the old notes? The money is still being spent and given out by POS. I got 5K old naira notes for 5.7K this evening. A lot of people are rushing to buy it from POS but most POS operators are out of money. 2 Likes 1 Share |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by SirAfoy1(m): 8:55pm On Feb 10, 2023 |
Salvador1:At Epe market today. I didn't see any new note from anybody. Exchanges were done with old note 1 Like |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by baralatie(m): 8:56pm On Feb 10, 2023 |
angelfallz:Wonderful So it is longer to curb vote buying in the forth coming elections again So now that there is network problems . Let me use the old and reliable legal tender Since the bank does not have the new notes |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Elsueno: 8:58pm On Feb 10, 2023 |
I am not collecting any old note from anybody, either u transfer or u bring new notes....Ain't no taking unnecessary risk, my grandpa says Mr Buhari no dey care when he sets his mind to do something 😤 |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Bahamas95(m): 8:59pm On Feb 10, 2023 |
IranianSea:Oga you too like "then". Kilode? |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by frontwave(m): 8:59pm On Feb 10, 2023 |
Rumor, what the hell do you even do with your phone ? Are you not aware of supreme court ex-parte injunction on the subject matter? satelliteDISH: |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by baralatie(m): 9:04pm On Feb 10, 2023 |
IntroTech:At the bolded You would have expected the CBN,the ministry of finance,The NCC, and relevant security agencies to ensure that these inovators and inovatoions were up to par with the government vision first and running , Than for the CBN to blow the whistle for the switch only to run into glitches,hiccups and problems because the the expected needed infrastructure is lagging behind |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Johnstone619(m): 9:04pm On Feb 10, 2023 |
Here in Lokoja axis its 50-50 some are collecting while some are rejecting. |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Simplythebest: 9:05pm On Feb 10, 2023 |
Suffering have block ur sense of reasoning CilicMarin: |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Aurelius1(m): 9:06pm On Feb 10, 2023 |
Mrkumareze:Na Obi naim cause your problem? |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by soojar(m): 9:09pm On Feb 10, 2023 |
Pierced: Am I the only one that read the CBN memo on the extension or what? because from the comments I'm seeing so far it's like people are not aware. Let us leave the supreme court ruling aside, the CBN says the old note will cease to be a legal tender (you can't use it to buy goods and services again) after 10th February, BUT YOU CAN STILL DEPOSIT IT INTO YOUR ACCOUNT TILL 17TH FEBRUARY. What this means is that even if Buhari doesn't respect the supreme court ruling you can still safely take your old naira notes to the bank for deposit only (not exchange) till 17th. We learn everyday |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by angelfallz(m): 9:12pm On Feb 10, 2023 |
If you noticed I said, one of the aims... Yes, network is a major issue that can affect transfers and POS transactions, but that should not stop the transition. Eventually, the bank networks would be robust enough to carry the load. Mark you, POS and transfer transactions have been growing, long before this CBN naira redesign. So, a good number of Nigerians are familiar with POS and transfer. baralatie: |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by MrBroke(m): 9:13pm On Feb 10, 2023 |
satelliteDISH: You are clearly the illiterate here because you are too myopic to understand what can't happen |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by baralatie(m): 9:15pm On Feb 10, 2023 |
angelfallz:As of now there inadequacy is not in contention! So should I now suffer until when they become adequate when the solution as of now is to use the old notes? |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Pierocash(m): 9:16pm On Feb 10, 2023 |
chypotenti:What's this one saying,who is ffk?. We are talking of statement from Malami who is the AGF confirmed by Buhari himself,you are talking of ffk |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by angelfallz(m): 9:17pm On Feb 10, 2023 |
It is unfortunate that such banks are having network issues, especially, as 2 of those banks are among FUGAZ. It must be because of the substantial increase in the use of transfers. I believe The banks will upgrade their networks and before February ends, things will be better. In the meantime, if you can get cash old or new get it and use it. But don't get plenty o! to avoid stories that touch. baralatie: |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by angelfallz(m): 9:20pm On Feb 10, 2023 |
you can use the old notes. But don't get a huge amount o! To avoid stories that touch. Just get a small amount that you can spend quickly or if tomorrow kasala burst you won't feel too bad that the old naira you have is now worthless. baralatie: |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Chinonye2022(m): 9:23pm On Feb 10, 2023 |
Here in lusada igbesa ogun state we are trading normal with our old notes |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Chinonye2022(m): 9:24pm On Feb 10, 2023 |
satelliteDISH:u are the real illiterate because u lack wizdom and information |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Henrydata(m): 9:25pm On Feb 10, 2023 |
soojar: Exactly, I am just wondering if I was the only one that read the memo. |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by seborrhic: 9:25pm On Feb 10, 2023 |
mbahdi: mbahdi: |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by TheNiceGuy(m): 9:29pm On Feb 10, 2023 |
Old not is still legal tender 1 Like |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Doctee: 9:29pm On Feb 10, 2023 |
seborrhic:na 2k new notes them go give everybody for polling unit |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by heykims(m): 9:36pm On Feb 10, 2023 |
satelliteDISH:Paradoxically in your area, it is the 'literates' that are accepting and the educated illiterates rejecting the old notes. Anyone rejecting the old notes is an ignoramus. 1 Like |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Doctee: 9:37pm On Feb 10, 2023 |
angelfallz:orí ẹ ti yí Peter òbi no go enter in the name of Allah Lord and creator creator of jesus christ |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by IntroTech: 9:38pm On Feb 10, 2023 |
baralatie: True entrepreneurs know that perfect conditions or perfect situations do not EXIST. All they do is just to seize whatever opportunity presents itself and then make the best out of it. Focus. |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by descartes400: 9:38pm On Feb 10, 2023 |
baralatie: That has been our reality since the implementation of Née Naira design policy. |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by bukolabeauty09(f): 9:39pm On Feb 10, 2023 |
concho: Commercial banks won't collect it starting from tomorrow if the deadline remains 10th but you can change it in any CBN branch in your state....the old one will be collected and you will be given the new currency note only in CBN by 17th you won't be chanced to change it again |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by highness25(m): 9:44pm On Feb 10, 2023 |
Googledotcom:Only 1k? Wetin 1k wan buy for this economy? Hungry go kill you oo. I have over 1m old notes with me. I will not deposit shi shi anywhere not after what I suffered the last time and let me see how someone will tell me the cash is not acceptable anymore in this country then they will know that everyone is not an illiterate. 1 Like |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by Dearlord(m): 9:45pm On Feb 10, 2023 |
seborrhic: Thank you for your analysis |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by bonnyhope: 9:45pm On Feb 10, 2023 |
CilicMarin: Your brain has failed you |
Re: Naira Redesign : CBN Deadline ; What's the situation in your area ? by fx45(m): 9:49pm On Feb 10, 2023 |
CilicMarin:Omenka I thought you just apologized for this type of behavior |
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