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Residents in Benin have expressed divergent views over the Central Bank of Nigeria (CBN) warning to the Deposit Money Banks (DMBs) to desist from depositing ‘composed’ banknotes. | Pulse Nigeria
Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top news stories you shouldn’t miss:
He said that henceforth, composed banknotes discovered in the deposit of DMBs shall attract a penalty of 400 per cent of the value.
CBN warns Deposit Money Banks (DMBs) to stop bringing mutilated banknotes as part of their deposits with the apex bank.
The new directive took effect on April 1