Business CBN To Fine Banks For Paying Counterfeit Banknotes – Nairaland

The Central Bank of Nigeria has imposed a penal fee of N1m on each branch of Deposit Money Banks for non-compliance with its ‘Banknote fitness guidelines and clean note policy documents for the industry.’

The regulator disclosed this in a circular to all DMBs on ‘Penalty for payment of …

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Read more via Nairaland – http://bit.ly/2RaOXT5

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