BusinessDay
Nigeria's leading finance and market intelligence news report.

CBN to sanction banks for rejecting old, lower dollar denomination

...Naira weakens by 0.82%

The Central Bank of Nigeria (CBN) on Tuesday threatened to sanction banks and other foreign exchange dealers that refuse to accept old series/lower denomination of U.S dollar bills from their customers. This was disclosed in a circular to all banks in a circular to all banks, Bureau De Change (BDC) operators and the general public…

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly
Already a subsriber?

Get real time updates directly on you device, subscribe now.

Comments are closed.