Breaking news on Naira note

[CryptSafe]

It is nice they took the decision in extending the old naira note collection because many Nigerians are yet to swap the old note for the new ones even the banks that is our financial institution can not boast of having enough of the new naira note in their possession so tell me how do they want Nigerians to cope when the old note is still very much in circulation. ATM machines are still dispensing old notes, some banks went as far as shorting down their ATM machines as a result of unavailability of the new naira note. The village traders, transporters etc how would they cope with this attitude of banks note having enough of the new notes. The federal government are glamoring for digitalization wen the Nigeria economy is not yet ripe for what they intend to do.

[Jaycoinz]

CBN extend deadline for old naira note till February 10.

Extending the deadline, Emefiele said, “Based on the foregoing, we have sought and obtained Mr President’s approval for the following: a 10-day extension of the deadline from January 31, 2023, to February 10, 2023; to allow for collection of more old notes legitimately held by  Nigerians and  achieve more success in cash swap in our rural communities after which all old notes outside the CBN loses their Legal Tender Status.

 Source  is https://punchng.com/breaking-cbn-extends-old-naira-deadline-till-february-10/

  Good news indeed.
But let me clarify u this is politics both the CBN governor and Mr president know what they are doing, we are facing a lot of things and what they know is to change currency. They just want to confuse citizens most especially in this coming election.
    

[KupaCrypto]

People don suffer just to get the new note that 10days to small beside banks no they allowed people to withdraw money again I don't know why the Mata of these new note don stress people too much do people even notice that  the Mata of these new note make petrol cost again and some fueling they even close because they said they no go collect the old note na new note they want now wey banks stop to they give out money how people go do things just they spoil for these country.

Omo now self ehnnn e Dan go beyond the deadline o, naira scarce like this , to withdraw for POS now no be easy thing .their charges ehnn fit pursue person go village o, and the government of the day no dey talk anything about am..Al this things na lessons to learn come next election o, this suffer too much for innocent citizens, the more you try to survive the more they make life unbearable for the citizens.its really heart breaking to see a thing like this the happen and the government wey put us for the situation nondey talk anything about am.

[Broadanbig]

Omo this matter no be here o. People dey go through lots with regards to this new CBN naira note policy. Wetin dey make me vex be say na we dey do ourselves all these things, our people here for South too dey take advantage of everything. For North you no try am o or else aboki Dem go come for you. Now de new naira note now na business for South with high exorbitant charges attached. E no make any sense na something wey for good day we do our possible best to see say things go well but de reverse na de case of am. Even the banks too follow dey cause all these nonsense wey we dey see so. As I dey post here now nothing like new naira note panic for North everything dey go smoothly for dem because their alhaji dey run parol for Dem but fir South na OYO o. Anyways CBN don try to extend am but make Dem make the money available to all the banks so that e go ground.

[KupaCrypto]

Omo this matter no be here o. People dey go through lots with regards to this new CBN naira note policy. Wetin dey make me vex be say na we dey do ourselves all these things, our people here for South too dey take advantage of everything. For North you no try am o or else aboki Dem go come for you. Now de new naira note now na business for South with high exorbitant charges attached. E no make any sense na something wey for good day we do our possible best to see say things go well but de reverse na de case of am. Even the banks too follow dey cause all these nonsense wey we dey see so. As I dey post here now nothing like new naira note panic for North everything dey go smoothly for dem because their alhaji dey run parol for Dem but fir South na OYO o. Anyways CBN don try to extend am but make Dem make the money available to all the banks so that e go ground.

Omo this kind naira note self this people are just so Wicked, there is shortage of naira notes everywhere banks are not dispensing as they are meant to and the mass are the ones suffering it, dem no want make this country move forward ,this kind thing no supposed they happen again, or while not all the two currency and with time the old naira notes go fade away like the old 100,50,20,10 and 5naira, Allo the two in circulation with time you won't see the old notes again.

[Jaycoinz]

CBN extend deadline for old naira note till February 10.

Extending the deadline, Emefiele said, “Based on the foregoing, we have sought and obtained Mr President’s approval for the following: a 10-day extension of the deadline from January 31, 2023, to February 10, 2023; to allow for collection of more old notes legitimately held by  Nigerians and  achieve more success in cash swap in our rural communities after which all old notes outside the CBN loses their Legal Tender Status.

 Source  is https://punchng.com/breaking-cbn-extends-old-naira-deadline-till-february-10/

  We are in a country were everyone are so funny.
  Most especially our leaders they can't say something and keep to it very confused people.

[Lida93]

Hopefully by the new deadline date as given by the CBN  every Nigerian both in the local communities and cities would have been able to return back all old notes in their possession. It should be pertinent to note that it's not only to extend the deadline date but the CBN should also make sure the new note spread round the nooks and crannies of the country reaching to the hands of the average Nigerian.
Cause the scarcity of the new naira note is really creating an untold hardship to Nigerians both old and young.

[Cryptomultiplier]

Even if the deadline elapses, the constitution of Nigeria according to reports I heard over the news, is that anyone still in possession of the old notes as at the expiry date would only be faced with the impossibility of spending the cash for local, primary or secondary purchases/expenses, but they can still go the banks and exchange such notes or pay into their account.
The new notes as at today is beginning to be more in circulation and with hopes of being sufficient before the weekend comes.

[KupaCrypto]

Even if the deadline elapses, the constitution of Nigeria according to reports I heard over the news, is that anyone still in possession of the old notes as at the expiry date would only be faced with the impossibility of spending the cash for local, primary or secondary purchases/expenses, but they can still go the banks and exchange such notes or pay into their account.
The new notes as at today is beginning to be more in circulation and with hopes of being sufficient before the weekend comes.

I just feel this deadline date won't really remove the old naira notes, they should just allow the two co-exist untill the old note vanishes, the same way they did with the old 20naira, 30naira, 50naira and 200naiara. If the pattern or method is adopted then there won't be any scarcity of naira notes, because the two will be in use and once a bank gets the old note they don't release it again, with that give it 5months and you won't see the old currencies again.

[Mate2237]

Hopefully by the new deadline date as given by the CBN  every Nigerian both in the local communities and cities would have been able to return back all old notes in their possession. It should be pertinent to note that it's not only to extend the deadline date but the CBN should also make sure the new note spread round the nooks and crannies of the country reaching to the hands of the average Nigerian.
Cause the scarcity of the new naira note is really creating an untold hardship to Nigerians both old and young.

There is no deadline again, according to the CBN governor, the old Bank Naira note can be deposited to the commercial Banks at any time and no bank will give the old note after the deadline. But you can still use it to buy something and once enter bank it will not come back again.
At least the young can stand long to collect the 20k  on the ATM line a day but the old is the major problem. CBN and FG lack adequate plan for the sustain development.

[Silver005]

The extension is good,but for me I would have suggested that they should just forget about deadline let it be going gradually process, because the problem is not that people refuse to return the old naira note, rather the new naira note is not in circulation, even up till now some people are still saying that they have not seen the new naira note with the two eyes and some are saying that they have seen it in someone else hand but have received it as their own, I begin to wondering why it's like that, does it mean that the new naira note are not enough for the mases for exchange with the old naira note or they're hiding it, please my able governor CBN, Godwin emefele and the entire FG should forget about deadline until they know that the new naira note are in circulation then the deadline can be impose then,but for now February 10,is here and I have not seen any positive change ooh..