CBN to sanction banks, BDCs rejecting old, small dollar denominations

The Central Bank of Nigeria has warned Deposit Money Banks to stop rejecting old and small denominations of the United States dollar bills. CBN threatened that there would be sanctions for rejections. It also urged Bureau De Change operators and the public to desist from defacing the notes. The CBN issued this warning in a

Read More

Check Also

Ooni endorses Seaman’s Schnapps

The Ooni of Ife, Oba Adeyeye Ogunwusi, has given a nod to the new look …

Leave a Reply

Your email address will not be published. Required fields are marked *