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Tag: Counterfeit Notes

CBN to slam huge fine on any bank issuing unfit/counterfeit notes

May 2, 2019May 2, 2019Eben Tanimola

The Central Bank of Nigeria (CBN) says it will slam a fine on commercial banks found culpable of breaching the law on counterfeit notes. While appearing on Channels Television’s Business Morning on Thursday, CBN’s Director of Currency Operations, Priscilla Ejeje, said the move is part of the apex bank’s reforms to ensure there are clean […]

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