Tag

REJECTING OLD DOLLAR

Currencies

CBN warns banks, FX dealers against rejecting old, lower dollar bill denominations in Nigeria

The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) and authorized forex dealers, emphasizing the mandatory acceptance of old and lower denominations of United States Dollar (USD) bills from customers.

Sami Tunji · Jul 2, 2024 3 min