CBN Clarifies Operation of Domiciliary Accounts
The Central Bank of Nigeria (CBN) has formally clarified issues surrounding the operations of domiciliary accounts in Nigeria. Making the clarification in a chat with newsmen in Abuja , the Bank’s Director, Corporate Communications Department, Issac Okorafor stated that “the Bank has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks.” … Continue reading CBN Clarifies Operation of Domiciliary Accounts
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