Banks Leaking Mint Naira Notes To Hawkers Will Face N150m Fine – CBN

The Central Bank of Nigeria (CBN) has announced strict measures to address the illegal supply of mint naira notes to currency hawkers. Any Deposit Money Bank (DMB) found involved in this act will face an initial fine of ₦150 million, with even harsher penalties for repeat offenses under the Banks and Other Financial Institutions Act … Continue reading Banks Leaking Mint Naira Notes To Hawkers Will Face N150m Fine – CBN