https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
ADVERTISEMENT
  • About Us
  • Privacy Policy
  • Contact Us
Sunday, May 11, 2025
The Genius Media
  • 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
No Result
View All Result
First Bank Ad First Bank Ad First Bank Ad

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

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:

  • WhatsApp
  • Email
  • Tweet
  • Telegram

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

Lifestyle

HURRAY!!! See 300 #HappyNewMonth Messages, Happy New Month Messages For September

September 1, 2020
News

Why Lekki Toll Gate Should Be Renamed Lekki Memorial And Made Toll Free – Actor Alex Ekubo Reveals

October 24, 2020
News

DISCIPLINE? Queen’s College Student Who Fixed Fake Eyelashes To School To Face Panel

November 23, 2019
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

%d bloggers like this: