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Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits (33836 Views)

E-Naira: Company Sues CBN For Trademark Infringement / CBN To Launch E-Naira Soon, Drafts Guidelines / Scorched By The Heat Of Dollar Scarcity And Transaction Limits? See The Solution (2) (3) (4)

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Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by nedu103: 11:03am On Sep 02, 2021
this govt coming out with this.........this is suspicious and looks like a trap especially for young Nigerians if u know what i mean
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Tayorshd2(m): 11:09am On Sep 02, 2021
wealthgoddess:

You know I was just thinking the same thing, it is a lovely innovation but it definitely has a lot of negative sides too and I fear it might even contribute more to unemployment. Banks for example...without the physical cash will there be need for all those tellers/cashiers??


It will cause another thousands of unemploment to Nigerians again
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Nobody: 11:14am On Sep 02, 2021
FarahAideed:
These are just wallets na ...This is beautiful nonsense for a CBN

The product no get level.

I didn't expect much from them.

Anything more than this will involve scamming the public. Haha.
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Poopypants: 11:30am On Sep 02, 2021
adonainana:
The summary of what was written here is :-

1) you can open an e wallet either with NIN or your existing bvn linked account
2) you can send e naira from one wallet to another FREE of charge

Emphasis on the second point which is you can send naira from one account to another.

In other words imagine doing bank transfer with no charges, no atm fees, no pos fees nothing like how most countries operate.

This is the summary of what the e naira offers you

This ain’t cryptocurrency neither is it a new currency or a currency backed by naira.

It’s just the CBN telling you from the 1st of Oct 2021 you can now send naira electocnically free or charge

this is just to get new users, after and if it becomes successful and enough people are registered, extra fees and charges will gradually creep in

2 Likes 1 Share

Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by imagrg(m): 12:42pm On Sep 02, 2021
Get Free 10m Love Coin in the mega crypto giveaway on my sigy below..
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Nobody: 1:16pm On Sep 02, 2021
lymelyte:
well said.. It actually cost alot to print physical note. They are trying to create an alternative source of value electronically..if 1 e-naira equal 100naira,then it is a good idea.

Why would a fellow human being control a sentient AI database via sql and type in digits there with certainty of edit, delete, add, subtract, multiply functions and algorithms which can be used by the Cabal to transfer values to themselves for free and I am expected to slave to earn the same value?

Fuxk it, I will just convert all my money to dollars and keep them in nearby countries. I will bury some in my backyard.

Ecuador is about to happen. I do not trust the Fulani Talisbans in Aso Rock.

3 Likes

Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by mrMeen(m): 1:34pm On Sep 02, 2021
Lexusgs430:



Presently at $3.00+........ The $5 rally is now on..... wink
yap wish I bought more at the dip.
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Lexusgs430: 1:38pm On Sep 02, 2021
mrMeen:
yap wish I bought more at the dip.


Once that opportunity is missed, nah catch-up....... If it hits $5 during this rally point, still a bit of profit to be squeezed out ......... wink
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Lexusgs430: 1:39pm On Sep 02, 2021
TimeSpaceWizard:


Why would a fellow human being control a sentient AI database via sql and type in digits there with certainty of edit, delete, add, subtract, multiply functions and algorithms which can be used by the Cabal to transfer values to themselves for free and I am expected to slave to earn the same value?

Fuxk it, I will just convert all my money to dollars and keep them in nearby countries. I will bury some in my backyard.

Ecuador is about to happen. I do not trust the Fulani Talisbans in Aso Rock.


Can I have the address of that backyard.......... wink
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by hermesprogidy(m): 1:49pm On Sep 02, 2021
dhappyking:


Exactly my thoughts. You ban your banks from crypto transactions. Within a few months you create your own version. Of crypto and tell the same banks to adopt, promote and distribute it to the populace. My concern now is how will this e-naira exchange with other e- currencies that the banks should not allow or is it going to be a stand alone currency?
XRP is the answer.

1 Like

Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Krismas(m): 2:37pm On Sep 02, 2021
NotBeenPaid:


What are the trading pairs? Abi na cow them pair am with? All I can see here is just another means of revenue generation via VAT and nothing more.


grin U want d pair? Its CRY/NIR
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Nobody: 4:19pm On Sep 02, 2021
Lexusgs430:



Can I have the address of that backyard.......... wink

Yes, 69 AK47 Street, Talisbans Estate, Hisbah City, Allah State, Uaria Islamic Republic. grin

1 Like

Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Gfskw: 4:30pm On Sep 02, 2021
Confused government with dOA agendas
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by ojonugba2014(m): 6:34pm On Sep 02, 2021
Lexusgs430:


Would read up on it........ And watch trends....... Then decide.... smiley


Best of luck
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by miniziter(m): 6:40pm On Sep 02, 2021
AngelHoly:
Una just wake up when our eyes are already open

To make use of that wallet na dead trap cos I don't trust buhari and his cabinet

Thanks to kuda,piggyvest,mint money and the rest
We now have moniepoint customer app
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Ohyinyeah: 6:50pm On Sep 02, 2021
plankyjacky:
The fear of blockchain is the begining of wisdom . It is either you join the bandwagon or you are left behind.
If the system will eliminates the hidden and unessary charges by banks
Then no business from banks because I ht were they make their money from (chares)

1 Like

Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Ohyinyeah: 6:52pm On Sep 02, 2021
hermesprogidy:
XRP is the answer.
You thinking but with the SEC case I don't see cep happening anytime soon
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Ohyinyeah: 6:55pm On Sep 02, 2021
dhappyking:


Exactly my thoughts. You ban your banks from crypto transactions. Within a few months you create your own version. Of crypto and tell the same banks to adopt, promote and distribute it to the populace. My concern now is how will this e-naira exchange with other e- currencies that the banks should not allow or is it going to be a stand alone currency?
Nigerian banks have mastered the science of money making.
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Ohyinyeah: 6:57pm On Sep 02, 2021
STINOS:
Don't be surprised that 578,987,000 e-naira = $1.
it's fare less than that check it out on binance
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Rareoil(m): 9:26am On Sep 04, 2021
thebosstrevor1:


They also do that with physical fiat.

They can freeze your bank account and confiscate your money

It becomes easier for them.


With fiat, you can carry your cash in your pocket
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Hardheolar(m): 10:22am On Oct 25, 2021
Lexusgs430:


Would read up on it........ And watch trends....... Then decide.... smiley

Hope you later bought
Re: Central Bank Issues E-Naira Guidelines, Charges And Transaction Limits by Abudu2000(m): 5:07pm On Oct 26, 2021
So because I'm scared of a few coins banks are charging me i will now put my whole life and existence on the internet in a form of e-whatever ? Nice try by those thieves

1 Like

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