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CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender - Politics (12) - Nairaland

Nairaland Forum / Nairaland / General / Politics / CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender (92496 Views)

Banks Resume Paying Nigerians Old ₦‎500, ₦‎1,000 Notes / Buhari Says Old ₦‎200 Note Will Remain Legal Tender Till April 10 / Old Naira Notes Remain Legal Tender - Supreme Court (2) (3) (4)

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Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by 2mch(m): 1:43am On Mar 14, 2023
maasoap:


He will sack himself and run out of the country before Buhari's tenure expires. And he won't step on Nigerian soil for many years to come. That's what will happen and I'm 100% sure
He will be extradited to come and face his charges wherever he runs to. He will be investigated and audited to the kobo.

2 Likes

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by Princewell2012(m): 1:43am On Mar 14, 2023
Faber:
Junk country controlled by junkies, dullards and drug barons...


The most useless black nation on Earth.

Now the president have power than the supreme court that even made him president in the first place.

Buhari will remain the worst President since Nigeria become a nation.
Now it is the duty of the presidency to Tell us to honor the order of the supreme court or not.
What a country.

4 Likes 2 Shares

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by CodeTemplar: 1:43am On Mar 14, 2023
Politicians can buy and sell votes now.

3 Likes

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by md4u2: 1:45am On Mar 14, 2023
Congrat to them
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by tomdon(m): 1:46am On Mar 14, 2023
Then the idiots should release cash to the banks

1 Like 1 Share

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by Duru009(m): 1:46am On Mar 14, 2023
TINUBU na man oooooo.......

He fought for this !!!

3 Likes

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by CodeTemplar: 1:46am On Mar 14, 2023
zeestone99:


Are u blaming meffy. Blame buhari. Where was he all these while. He didn't say nothing till now. If he had directed emefiele since this issue started, we won't be here. That man buhari has failed Nigerians IMO.
Buhari naturally has the trait of dodging responsibility of his bad actions and wanted to hang emefiele.

2 Likes

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by FireUpNow(m): 1:50am On Mar 14, 2023
President Buhari and Emiefele tried fooling Nigerians and making us to suffer for nothing. PMB never meant well for Nigeria.
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by Olufemiolaolu(m): 2:08am On Mar 14, 2023
Useless cbn won jẹbi?
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by MartinsD12(m): 2:10am On Mar 14, 2023
Revolution2022:
Banks and ATM are not in the villages.We depend on them for cash.#1k withdrawal is 400 commission in my village.
400 for 1k it must stop today infact POS people I don't have any business with them
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by MartinsD12(m): 2:11am On Mar 14, 2023
MuchAdo:


Exactly!

I have determined NEVER to use POS in my life ever again

Let POS business just die!! angry
It will never be well with them, Total boycott from my side
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by seeyounow: 2:11am On Mar 14, 2023
embarassed embarassed embarassed undecided

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by Timtim007(f): 2:15am On Mar 14, 2023
Alba3:
Emefiele really suffer people. These people in CBN should not escape punishment. They ruined lots of people, businesses and torment lots of Nigerians, young and old.
Are they not working there too..?
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by NigeriaTalk: 2:29am On Mar 14, 2023
No be CBN governor sign am ooo. Make oga at the top drop his own make he sign am himself. To me it's still fake news Sha. If you understand me like my comment

1 Like

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by alabo1: 2:30am On Mar 14, 2023
PoliteActivist:


Yeah but POS operators made a lot of money, plus we now know their true colour!

I swear. No pos operator will make a dime from me again after this. We are a heartless people and deserve whatever comes out way. People made a killing off this . business owners sold money to pos operators at 20% per thousand and they now resold at 40% to 50% to the public. Imagine the utter heartlessness. We are a cursed nation. Japa plans fully loading

5 Likes 1 Share

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by alabo1: 2:33am On Mar 14, 2023
leisuretym:
Nonsense Emefiele will still not release the money, the people I blame are the people taking the money to banks instead of handling it to POS or people who needs them

Someday The Lord shall have mercy on you and Grant thee some sense. This I have seen
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by alabo1: 2:43am On Mar 14, 2023
Anunakeeh:


You are among the deep and sensible thinkers here.

The Old Notes will be very scarce and it will be business as usual for those who have it.

For example, Let's assume an Individual has up to 5Million Naira of the old notes with him at home. So people will expect him to start giving it out at the equivalent Transaction like that?

This is Nigeria. Business have landed for such individual. He will make sure he gets Quarter ROI at least on the money.

I agree and disagree. The Old notes are largely out of circulation. Most have been returned to the banks.
The banks can now disburse these significantly increasing cash flow in the system.
While true that individuals having such high volume of old notes will capitalize on it, within a few weeks of increased cash flow that will also end
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by obawinner(m): 2:43am On Mar 14, 2023
seeyounow:
embarassed embarassed embarassed undecided
Fraud statistics
Futa,funnab, fuoye,ui, unilag, oau
One federal uni per state

3 Likes 1 Share

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by NapoleonHill: 2:45am On Mar 14, 2023
Tboy222:
Emiefule has been thrown under the bus

This is exactly what happened.
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by alabo1: 2:46am On Mar 14, 2023
Newton2024:
CBN had already mop up old naira notes. It will only have effect if they released the old naira notes in their custody.

That is what will happen. In a few weeks things will stabilize.
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by alabo1: 2:50am On Mar 14, 2023
Blaze14k:


How? How? Is this a battle. Gosh! Nigerians are stvpid set of ppl. The most important thing which is the withdrawal limit no one is talking about it. Are nigerians this dumb?

I tire As if Tinubu winning has added a dime to his allowance. Until we seek true governance irrespective of tribal leanings we will remain as we are. I frankly don't care if Hausa, Yoruba or Igbo rule for 1000 years straight if things are run well. It is unimportant. Truly every country gets the government it deserves

5 Likes 3 Shares

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by bonnyhope: 2:50am On Mar 14, 2023
kokoA:
It is only God that will punish that Emefailure of a man for me. See as my business almost crumbled because of that man with head like calabash.

grin
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by alabo1: 2:59am On Mar 14, 2023
Anunakeeh:


Educated illiterate.

I would like to Inform you that Unfortunately the Old Notes is not coming back to Circulation.

Why say what you don't know? Banks are dispensing old notes till date. However people were rejecting them due to the silence of the CBN on the court ruling.
The retrieved notes are still in storage and will be out in circulation even though not fully.
These will be gradually retrieved over the next 9 months as more new notes are minted. This is what should have been done from day 1. However we always do poor implementation evening the policy is good.

4 Likes 1 Share

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by missyblissy: 3:01am On Mar 14, 2023
Till that cbn governor say something about it and i dont believe it.
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by alabo1: 3:06am On Mar 14, 2023
Revolution2022:
Banks and ATM are not in the villages.We depend on them for cash.#1k withdrawal is 400 commission in my village.

It's 400 everywhere bro. Also
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by MikaelDare(m): 3:13am On Mar 14, 2023
Ventura1:
Were man, he was scared the moment presidency release the statement.

Honestly. He knew now the law enforcement agencies could arrest him. Before he was acting as though he was above the law.
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by eurogee: 3:42am On Mar 14, 2023
What a country! Please release money to the public via giving banks approval to pay the agreed threshold of 500k and 5m respectively. Emiefiele will die a terrible death walahi!
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by Feccv56: 3:53am On Mar 14, 2023
:-

Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by electhnd(m): 4:07am On Mar 14, 2023
kokoA:
It is only God that will punish that Emefailure of a man for me. See as my business almost crumbled because of that man with head like calabash.
You are the one that refused to collect the old money
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by Diligence: 4:30am On Mar 14, 2023
Nigerians don't forget APC soon!

Remember ENDSARS:. What APC Govt/Tinubu/Sanwo-olu did to you

Remember COVID-19 Palliative: They hoarded them in warehouses while locked Nigerians up & down for months

Remember ASUU Strike for 8 Months

Remember what they did with Naira Redesign and old Naira Notes.

Nigerians: Reject APC. Vote them out

VoteLabourPartyAllThrough
Take Back Your Country
Take Back Your States & Houses of Assemblies come Saturday 18, 2023
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by femmoy(m): 4:46am On Mar 14, 2023
NIGERIAisComedy:


Watch as people come to blame Obi and Atiku that are in no way afilliated with this government.

Yet they exalt Bulaba, that brought mad hardship to Nigerians in the form of BuBU, all because of EMI LO KAN.

Bulaba brought NEPA bill herdsman ex coup plotter and the people rejoiced, singing, praise you Bulaba, for you have brought us BUBU.

Sane minds were and still are befuddled, perplexed, disoriented, bemused, but most importantly, they were/are CORNfused at how Nigerians will chose characters like BuBU and BuLaBa.

Nigeria is a Comedy and the joke is on us.

Mind you,Nigerians did not choose, the election was rigged. I believe no same individual would have voted for APC with all they put us through and still putting us through.
Re: CBN Says Old ₦200, ₦500, ₦1,000 Notes Remain Legal Tender by Ken4Christ: 4:54am On Mar 14, 2023
Xhurskid:
What they will debunk now

Because there are two powers ruling, the cabals and the cartels. This is why the nation is not moving forward. But let's see who wins.

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