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Nairaland Forum / Nairaland / General / Politics / Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes (685 Views)
Buhari orders banks to issue NIN cards to Nigerians / CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender / Banks Resume Paying Nigerians Old ₦500, ₦1,000 Notes (2) (3) (4)
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Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by shuttox: 2:34pm On Feb 17, 2023 |
[b][/b]The Central Bank of Nigeria has ordered banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged the maximum amount the banks can collect at N500,000. The CBN maintained that the old currencies were no more legal tender. A source from the bank said the CBN ordered the banks to collect the monies instead of going to the CBN office following difficulties encountered in getting access to the bank. A CBN official said, “Go to your bank but fill out the form before you go. Go with the reference code you generate. With your code, banks will collect it from you. But if it is more than 500,000, you will go to the CBN and deposit it. Earlier, the CBN opened a portal on its website and made it mandatory for those willing to return old notes to fill and generate a code. On Thursday, the CBN Governor, Godwin Emefiele, ordered the banks to make the old N200 notes available to Nigerians https://www.google.com/amp/s/punchng.com/breaking-cbn-orders-banks-to-collect-old-n500-n1000-notes/%3famp
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Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by CyynthiaKiss(f): 2:34pm On Feb 17, 2023 |
The CBN maintained that the old currencies were no more legal tender. A source from the bank said the CBN ordered the banks to collect the monies instead of going to the CBN office following difficulties encountered in getting access to the bank. Nothing actually changed!! CBN still maintain their stand on new currency!! They only want to help people to collect their old money, rather than going to CBN.. Now after depositing your old money, what next? The scarcity of new note persists |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by tolue42(m): 2:35pm On Feb 17, 2023 |
AY comedy shows are always well organize than Nigeria CBN..how can you give instructions without thinking of aftermath?? Emefielele is a dollard...always knee jack reactions |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by Babzrockman: 2:36pm On Feb 17, 2023 |
This government has lost it. They don't have direction at all. Buhari Atikuluku Balabu everywhere |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by Olachase(m): 2:36pm On Feb 17, 2023 |
One man put more then 200 million people into this situation Now I understand why Jesus wept |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by dangle: 2:38pm On Feb 17, 2023 |
Really! That is good news. |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by Jones4190(m): 2:38pm On Feb 17, 2023 |
if the minimum amount is just 500k it means the policy is against the poor not the rich |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by CilicMarin: 2:38pm On Feb 17, 2023 |
What would IPOB terrorists of Peter do now.. Congratulations Asiwaju. 2 Likes
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Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by Caramia2020(m): 2:39pm On Feb 17, 2023 |
If this is true, it will do us much good but one thing we should take note of is that so many people will still default n cry n when will the new currencies be available? |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by micchi(m): 2:39pm On Feb 17, 2023 |
Good decisions at least it will reduce the pressure on CBN but the vote buyers will still chin chin hoo |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by KingKO22: 2:40pm On Feb 17, 2023 |
This Emefiele deserve an award as a confusionist El-Rufai has. Thought them the act of law The old note shall be replaced with new one as long as 100 years IPOB of Zombidiots how market ? |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by Caramia2020(m): 2:40pm On Feb 17, 2023 |
Jones4190:Please read to comprehend before you comment. |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by Siwisheswereesh: 2:41pm On Feb 17, 2023 |
Piiggiddioootts in the mud Piggiiddioootts amaka |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by KingKO22: 2:42pm On Feb 17, 2023 |
That's a little relief |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by inoki247: 2:42pm On Feb 17, 2023 |
Lol why's this country confusing someone.... If this is true then people crying Abt Vote buyers don lose..... Dem don suffer in vain..... Derr future go don dey blink like this since the sufferness is for dere future....
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Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by KingKO22: 2:42pm On Feb 17, 2023 |
I pray it work ooo |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by PointZerom: 2:45pm On Feb 17, 2023 |
CilicMarin: Enjoy your change and stop wailing. |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by PointZerom: 2:47pm On Feb 17, 2023 |
How can Hell-Rufai and Gandollar deposit over 20bn given to them by Thifnubu to buy northern votes? |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by AllDModsAreMaad: 2:51pm On Feb 17, 2023 |
Jones4190: You be Olo do... The news said the maximum amount bank should collect from an individual is 500k, if a customer wants to return more than 500k, you have to go to CBN and do that. How is that against the poor and for the rich biko? Na wa o! |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by 07kjb: 2:54pm On Feb 17, 2023 |
Jones4190: Maximum not minimum read well and understand |
Re: Breaking: Cbn Orders Banks To Collect Old N500, N1,000 Notes by Mynd44: 2:57pm On Feb 17, 2023 |
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