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						Bad Naira Notes: CBN Expresses Concern, Imposes Heavy Sanctions On Banks					
				
broadstreet
April 5, 2022

The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank by Deposit Money Banks. To this end, the CBN has warned banks to stop including composed currency notes in their deposits or risk paying a penalty of 400 per cent of the value of the […]

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