The Central Bank of Nigeria (CBN), disclosed plans on Tuesday, to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the...
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Maroc - NAIJA247NEWS.COM - A La Une - 02/Jul 22:25
CBN Threatens Sanctions as DMBs Reject Old US Dollar Notes
The Central Bank of Nigeria (CBN) issued a stern warning on Tuesday to Deposit Money Banks (DMBs) regarding their refusal to accept old and small denominations of United States dollars. In a circular referenced COD/DIR/INT/CIR/001/017, the Acting Director of the Currency Operations Department at CBN highlighted that the persistent rejection of old dollar notes by […]
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