CBN: Large Bags of Naira Coins Sighted in Commercial Bank, TikTok Video Goes Viral and Stirs Reactions

CBN: Large Bags of Naira Coins Sighted in Commercial Bank, TikTok Video Goes Viral and Stirs Reactions

  • As the CBN cashless policy continues to bite harder, a video has shown bags of Naira coins inside a commercial bank
  • In the video seen on TikTok, the Naira coins were packed in large bags with some containing as high as N500, N1000, and N2000
  • Funny reactions followed the video with some saying it is the right way to go in the face of the unending scarcity of Naira notes

As scarcity of Naira notes continues to bite harder, bags of Naira coins have been sighted inside a bank.

The coins were arranged in sacks and placed on the bank counter in front of tellers telling customers how much they contained.

Photos of bags of Naira coins inside a bank.
The bags contain as high as N500, N1000, and N2000 in coins. Photo credit: TikTok/@3endingsongs.
Source: TikTok

A female voice heard in the video explained that the bags contained amounts ranging from N500, N1000, and N2000.

Bags of Naira coins in Nigerian bank

Read also

CBN: Nigerian lady dances with account number in her hand during wedding, tells guests to make transfers

One of the bags captured at close range contained 1000 pieces of N2 coins which amounts to N2000.

PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy!

The bag is transparent and the gold coins can be seen each time it is turned, it made a jangling sound. The lady said the coins are now the way forward in the face of scarcity of Naira notes.

Funny reactions have trailed the video, but some Nigerians who saw the video posted by @3endingsongs actually said they like the coins.

Watch the video below:

Reactions from TikTok users

@Bartholomew Okporo said:

"Imagine paying ransome with coins. Na tipper Dem go take carry am."

@ezeogba said:

"Only mugus will condemn this, but trust me it's a welcome development."

@samsonoritsejafor commented:

Read also

CBN lists what constitutes abuse of naira, releases phone number to report abusers

"This is very good. When you carry heavy sacks as a trader, you will be forced to reduce the cost of goods."

DR.QUEEN said:

"Smart financial move to combat price inflation. Now we can have goods worth of 1naira and 5naira they should bring back the kobo too."

Video of a lady dancing at wedding with account number

In a related story, Legit.ng reported that a Nigerian lady danced with a piece of paper and an account number.

The lady was dancing at a wedding and she held out the account number for people to make transfers.

The video went viral and elicited reactions from Nigerians who say it is the way to go in the face of scarcity of Naira notes.

Source: Legit.ng

Authors:
Israel Usulor avatar

Israel Usulor (Human-Interest editor) Israel Usulor is a journalist who has 9 years of experience. He worked at The Prime Newspaper and has published articles in TheCable Newspaper. Israel graduated with distinction from Fidei Polytechnic (Mass Commun, 2016). Israel has interviewed Zannah Mustapha, the man who helped negotiate the release of Chibok Girls, and Kunle Adeyanju, who rode a bike from London to Lagos. He covered exclusive stories on Chef Dami during her Guinness World Records cookathon. Email: israel.usulor@corp.legit.ng.