If any man tells me that Buhari will be better than any man alive as a president I will never believe.

I was even boasting that the worst of Tinubu will be better than the best of Buhari

Omor

Why would anyone want to withdraw and carry cash.? This is how we spread terrorism. .do transfers if your transactions are legit ...geeshh...it's even dangerous. See how Ogun Accountant was killed and cash stolen

Teepresh2:


https://leadership.ng/customers-lament-as-banks-slash-withdrawal-limits/

Think9ja:
Na who get money for account de lament, no be us weh Betta Edu don disappoint

Make una go drag her for twitter. Una too quiet for this zoo.

But the issue still remains why the excessive thirst for cash? Why can't people just use mobile or e-platforms??

Yes, it's your money, but cashless is the way to go in line with best practices globally.

For instance I can't understand what someone is doing with 200k in cash

A customer, Mrs Toyin Alade, said ”I came to Access Bank and First Bank branches in Alagbaka to collect N200,000 but I could not do so.”

Is madam Alade a POS operator?? Or she's taking it to the village?? Cus I can't understand why such amount in cash

Ikpunnegi01:
Make una go drag her for twitter. Una too quiet for this zoo.

Which dragging want pass the one weh guys de do already. Islam forbid women from holding leadership positions and I perfectly agree with them

Anything weh woman de in-charge must get k-leg because woman no fit take decision without emotions. Too bad!

bjtinz:
But the issue still remains why the excessive thirst for cash? Why can't people just use mobile or e-platforms??

Yes, it's your money, but cashless is the way to go in line with best practices globally.

For instance I can't understand what someone is doing with 200k in cash

How will you understand ? CBN Governor..

Truth be told...who needs 100k cash to be carrying up and down...ask yourself...when last did you really have to hold 10k cash at hand.... almost everything in this life today can be paid via transfer except transport (danfo)

Can't remember the last time I held 20k cash in pocket for nothing...makes no sense... even when I want to withdraw it usually just around. 5k , maybe for suya or transport something

But in general, transfer has taken over

Emilokan will help u people out

Some people no just get sense saying must you do cash.

So if you be engr for site and you call labourers from Benin republic you go transfer give them?

Why must access to cash be restricted?

What stupid policy?

There 1001 things money can do but with cash.
Not everyone collect transfers.

There are some shops that sell goods and refuse transfer especially petty traders.
If you need money to give your children to school you will do transfer.

If you wan pay bike man, you will do transfer.

Una don mad all in the name of political support

It won't be funny again. the last time people list their life because they can't access their money to buy food, drugs, etc and banks and bankers made bigger profit and if they ate planning again, I see war looming. half word is for the wise

SLAVEs of the Vile Capitalists.

Naira scarcity again? Well I've just been reading about it. I didn't feel it the 1st time (was even giving some out to those who needed it). I'm not feeling it this time again either cos I got enough that I'm even going to deposit again soon.

May God help y'all to meet ur cash demands

Kachidubem:
Truth be told...who needs 100k cash to be carrying up and down...ask yourself...when last did you really have to hold 10k cash at hand.... almost everything in this life today can be paid via transfer except transport (danfo)

Can't remember the last time I held 20k cash in pocket for nothing...makes no sense... even when I want to withdraw it usually just around. 5k , maybe for suya or transport something

But in general, transfer has taken over

Mu², you no dey everly make sen se.

Discussion about cash is not meant for 30k agb ado earners like you, find your square.

Back to the post, some days ago I went to the bank to make deposit, omoh come see as some people dey swarm around me like wetin I no know.
They were begging to transfer money to me and get the cash from me, e come be like say another cashless era wan enter.

The country urgently needs a N2,000, N5,000 and N10,000 note.

It is bewildering that a currency that is now a 4 digit currency has its highest denomination at only 1,000 which today is worth less than a $1.

Government should not listen to the ignorant masses but apply best global practices on this issue.

FreeStuffsNG:
He actually created the problem by mopping and destroying significant amounts of the old notes

Which party was in power then? Which president approved and appointed Emefiele?

Sunkanmi change job 🤣

Jostoman:
Just to make things difficult for candidate that will want to challenge APC dubious victory at the supreme court and tribunal.

Rest, you need it

I have not experienced such in Lagos. Anyway, by Monday, na to go withdraw enough cash and keep, just in case.
Because cashless transactions might start their madness.
Na ogun go kill that Emefiele anywhere wey him dey...

naijaboy756:
If any man tells me that Buhari will be better than any man alive as a president I will never believe.

I was even boasting that the worst of Tinubu will be better than the best of Buhari

Omor

Tinubu just spent 6 months.....Do you except him to perform miracles like your jew Jesus. Who they claimed that, he Fed multitudes with 5 loaves of bread and fish?

Activistman:
I hope we're not going back to the era of Naira scarcity and Emefiele's era because it won't be funny.

I went to the ATM to withdraw only to be told this limit thing, I went to POS, life no hard.

It's not emefiele era, government is trying to manage inflation, artificially.

Ogene001:
They protested against Emefiele, yorubas have taken over everything now. Oya let's see what they will do

you are stupid

AllDModsAreMaad:

Mu², you no dey everly make sen se.

Discussion about cash is not meant for 30k agb ado earners like you, find your square.

Back to the post, some days ago I went to the bank to make deposit, omoh come see as some people dey swarm around me like wetin I no know.
They were begging to transfer money to me and get the cash from me, e come be like say another cashless era wan enter.

You are dumb , very dumb... I still maintain the stance of "I don't need much cash at hand" coz I purchase almost everything with transfer or my card.

That why,I after I close shop for the day, I'm always eager to deposit any cash with me via POS , den just leave chicken change with me.

I don't see the need carrying cash up and down, if I wanna pay for a PS5 , I pay via transfer, if I wanna buy a new phone , I pay via transfer... I don't see the need for raw cash


Except you are doing pos business , you may need cash all the time ... na POS people like you dey full bank nowadays

Yusufisraelj:


I went to the ATM to withdraw only to be told this limit thing, I went to POS, life no hard.

It's not emefiele era, government is trying to manage inflation, artificially.

I'm surprised to hear you even went to NORMAL ATM....I can't remember last time I visited my bank ATM for cash...it either POS people or I just pay for whatever I need via transfer.

Life no hard.

Yugoslavia247:
Some people no just get sense saying must you do cash.

So if you be engr for site and you call labourers from Benin republic you go transfer give them?

Why must access to cash be restricted?

What stupid policy?

There 1001 things money can do but with cash.
Not everyone collect transfers.

There are some shops that sell goods and refuse transfer especially petty traders.
If you need money to give your children to school you will do transfer.

If you wan pay bike man, you will do transfer.

Una don mad all in the name of political support

Bro...stop this ...and be honest ... when last did you buy a commodity of let's say 50k, and the seller forced you to pay cash

Even , some mama put dey collect transfer of #400 , beans 200 bread 200.

Cashless and transfer is the way of life now, let embrace this new level.

Except from danfo and transport level, I hardly need raw cash... no sane business man or woman who sells goods worth of 5k won't accept transfer or have POS in dia shop

bjtinz:
But the issue still remains why the excessive thirst for cash? Why can't people just use mobile or e-platforms??

Yes, it's your money, but cashless is the way to go in line with best practices globally.

For instance I can't understand what someone is doing with 200k in cash

I swear down... This people clamouring for raw cash are very dumb

Who needs raw cash of 200k in pocket... doesn't make any sense
..even mama put dey collect transfer.

I don't even understand these set of Nigerians needing raw cash ... except say you be politician and you have people always at your door begging for alms ...you might need raw cash

MasterTeeUSA:
Why would anyone want to withdraw and carry cash.? This is how we spread terrorism. .do transfers if your transactions are legit ...geeshh...it's even dangerous. See how Ogun Accountant was killed and cash stolen

God bless you ...only a fool carries heavy cash carelessly now...

If I close shop like this...any money wey dey my hand na to deposit straight...why should I be carrying let's say sales of 100k cash and be going home ...

Some Nigerians like inviting trouble to themselves,they've made things so easy for you to the point , you don't even need to walk to a bank to open account...

One can open acct via opay or moniepoint, still receive ATM card... Nigerians like doing themselves honestly

The terrible thing is that it is not only naira. Someone that traveled few days ago could not get money from her domiciliary account. Her own money, money she paid into her account in cash. Bank said no pounds! After all the wahala, someone with over 10k pounds in dom account could only get 2k in piece meals from different branches! She had to buy from blackmarket! Her own money ohh!
Had that happend to me, hell wound have fallen!

Ogene001:
They protested against Emefiele, yorubas have taken over everything now. Oya let's see what they will do

confirm, some the Igbos are sabotaging tinybu government already.

Ogene001:
They protested against Emefiele, yorubas have taken over everything now. Oya let's see what they will do

confirm, some said the Igbos are sabotaging tinybu government already.

Everything that is happening in Nigeria is happening for the regigging of this country. It's a sign for the people for the first time in their life to man up and take charge but still, it won't happen because the people has been subtly suppressed and they work around like zombies with no aim and purpose.


It's better to live in North Korea where the government is the ultimate power and no freedom of living than to live in Nigeria.

EtinosaDLaw:
A female friend of mine who has a POS stand told me shortly after the cashless policy had ended that she made more than 3 million naira profit in the space of just 4 months. Money she had never made in the entire 2 years that she has been doing POS work. Now, imagine what the banks made that period when money was being sold. Are you starting to see the clearer picture?

Now, if you think that those who profited from selling Naira will just let it continue flowing, then you don't seem to understand the extent of wickedness of some Nigerians. Most POS operators are earnestly hoping and praying for it to happen again, and they depend on the banks to ensure that it happens. Now its left for CBN to save us from what these people are planning to use in cashing out this Xmas.

BTW, let me put it out there that if that day ever comes that Nigerians will return to buying their own currency, then they must as a matter of urgency free Emefiele and replace him with Cardoso. Because the South South will not take it lightly. I rest my case.

Does she grow cash at the back of her house. for one to get new notes for customers you have to buy at high rates and sell at higher rates also.

Daft is an understatement to describe your reasoning, trying so hard sell foolish propaganda after been hit by unimaginable abysmal performance your government....lolz, work harder.

FreeStuffsNG:
He actually created the problem by mopping and destroying significant amounts of the old notes