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 […]

CBN threatens to sanction banks rejecting mutilated naira notes

solacebase.com - 04/Jul 14:36

%BlogLink% %FearturedImage% %PostLink% The Central Bank of Nigeria (CBN) has threatened to sanction deposit money banks (DMBs) that reject mutilated...

CBN sends message to commercial banks rejecting mutilated naira notes

newsclickng.com - 04/Jul 16:41

The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes. In a statement on Thursday...

CBN threatens to penalise banks rejecting mutilated naira notes

nigerianeye.com - 04/Jul 13:33

Court dismisses suit challenging Arabic Inscriptions on naira notes

jayfm.ng - 09:05

The Federal High Court sitting in Lagos has dismissed a suit challenging the use of Arabic inscriptions on Naira notes. Justice Yellin Bogoro held...

Senior cop in Guyana goes on leave amid probe into multimillion-dollar deposit

jamaica-gleaner.com - 12/Jul 14:57

GEORGETOWN, Guyana, CMC – The Guyana Police Force (GPF) has confirmed that the head of the Special Branch and acting Deputy Commissioner, Calvin...

Klazen criticises former fishermen’s unreasonable demands

observer24.com.na - 09/Jul 18:01

The Minister of Fisheries and Marine Resources, Derek Klazen, has criticised the demands of former fishermen as unrealistic, citing their refusal to...

CBN Issues Stern Warning to Banks Over Staff Malpractices Hindering Cash Circulation

arise.tv - 06/Jul 07:22

CBN has warned Deposit Money Banks and PoS operators against undermining cash availability, threatening dissuasive sanctions for non-compliance with...