CBN to Sanction Banks Dispensing Old Notes
The Central Bank of Nigeria has announced plans to take tough action against banks that continue to fill their ATM machines with old naira notes as the deadline to phase out the notes approaches.
The Director of the Legal...
CBN To NASS: Review All Financial Penalties Upwards
The Central Bank of Nigeria on Wednesday asked the National Assembly to review all financial penalties and fines upwards in order to align with current realities.
It said this at the public hearing on the Bill for an...