CBN Warns Banks Rejecting Lower Dollar Notes

The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DNBs) and Bureau De Change (BDC) operators to, henceforth, accept old and lower denomination U.S dollar notes as legal tender. The apex bank gave the order in a circular signed by its Director of Currency Operations Department, Mr Ahmed Umar. Umar said that the … Continue reading CBN Warns Banks Rejecting Lower Dollar Notes