https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
  • ABOUT US
  • CONTACT US
  • Latest Naija News Today
  • Privacy Policy
  • TheGeniusMedia – Latest News, Naija News, and World News
Wednesday, July 15, 2026
The Genius Media NG
  • Login
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
The Genius Media NG
No Result
View All Result

Drama As Family Rejects Old Naira Notes As Bride Price Amid #CBN Deadline

Tgmedia by Tgmedia
January 24, 2023
in Banking, Lifestyle, News
0
Old Naira Notes

Drama As Family Rejects Old Naira Notes As Bride Price Amid #CBN Deadline

RelatedPosts

WAWU!!! Davido Claims He Spends N400m Monthly

UBA Business Series Enlists M.I Abaga, Chowdeck CEO, Egunjobi to Speak on Innovation, African Startups

BREAKING: Lamine Yamal Led Spain Shuts Down France And Mbappe To Reach 2026 FIFA World Cup Final

Drama As Family Rejects Old Naira Notes As Bride Price Amid #CBN Deadline—-As the January 31 deadline for the phasing out of the old N1,000, N500 and N200 notes approaches, a family of a young woman in Gbako LGA of Niger State has asked the family of her suitor to take back the old N1,000 and N500 notes they gave as bride price.

The family of the suitor took an undisclosed amount to the family of the woman as bride price and money for other stuff in preparation for the wedding.

Though the wedding was not postponed, guardians of the girl were said to have noted that with the CBN deadline of January 31, they were not ready to buy some things needed for the ceremony and that they did not have a bank account to deposit the money, hence their demand for the new notes.

A family member of the male suitor explained that “We took money to the family of the girl we want to marry. They called me on Sunday to come and take the old currency notes back pending when we have the new naira notes.

They said they don’t have anywhere to change the old notes. So, I want to take it to the bank pending when we get the new notes.”

He further said that many people were scared of collecting the old notes for fear that they would not be able to spend them before the January 31, deadline.

Also, rural traders in the state have started rejecting the old notes or shutting their businesses as commercial banks have continued to give out old notes.

A visit to some rural communities and semi-urban areas in the state shows that most of the communities had no access to banks.

In the ancient town of Zungeru, Wushishi LGA of the state, residents said there was only one commercial bank despite the population and huge business activities in the town, especially during Sunday and Wednesday market days.

Marketers disclosed that many farmers had stopped bringing out their farm produce to Zungeru market on Wednesdays and Sundays for fear that they would be given old naira notes.

Mohammed Sani, the chairman, Amana Farmers, and Grain Suppliers Association, Wushishi Local Government Chapter, said “Right now rural farmers have stopped bringing out their farm produce to the market since last week because they are afraid that they would be given old naira notes and they don’t have bank accounts.”

He said most rural dwellers have postponed their wedding and child naming ceremonies because it is when they sell their farm produce that they get cash to buy things for such ceremonies.

Share this:

  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Reddit (Opens in new window) Reddit
  • Share on Tumblr
  • More

Like this:

Like Loading…
Tags: CBNDrama As Family Rejects Old Naira Notes As Bride Price Amid #CBN DeadlineOld Naira Notes
Previous Post

BREAKING: #Emefiele Led #CBN Breaks Silence On Extending January 31st Deadline For Replacing Old Naira Notes

Next Post

Union Bank Reiterates Support For Small Businesses At BusinessDay Top 100 SME Conference 

Related Posts

José Mourinho Officially Signs Contract As New Fenerbahçe Head Coach
Breaking

BREAKING: José Mourinho Officially Signs Contract As New Fenerbahçe Head Coach [PHOTO]

by Tgmedia
May 31, 2024
0

BREAKING: José Mourinho Signs Contract As New Fenerbahçe Head Coach ----The Genius Media Nigeria reports that Former Manchester United, Chelsea,...

Read more
Elon Musk Becoming U.S President

Donald Trump Speaks On Elon Musk Becoming U.S President

December 23, 2024
Teon Engine

Teon Engine Revolutionizes African Marketing with Data-Driven Innovations

February 23, 2024
Next Post
Union Bank Reiterates Support For Small Businesses At BusinessDay Top 100 SME Conference 

Union Bank Reiterates Support For Small Businesses At BusinessDay Top 100 SME Conference 

ADVERTISEMENT

About Us

Thegenius Media.com.ng is an Online Nigerian NEWS HUB with good coverage and reportage of Exclusive Stories, Daily News Updates, Politics, Entertainment, Crime, Lifestyle, Relationship Tips and Sports.

RELEVANT PAGES

  • About Us
  • Privacy Policy
  • Contact Us

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: thegeniusmedia1@gmail.com

Office Address

No 26 Oroleye Crescent off Abel Oreniyi Street.
Off Salvation Road, Opebi
Ikeja, Lagos

Tel:

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports

© TheGeniusMedia.com,ng

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from The Genius Media NG

Subscribe now to keep reading and get access to the full archive.

Continue reading

%d