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CBN to Banks: Supply mint naira notes to hawkers, pay N150m fine per branch

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CBN to Banks: Supply mint naira notes to hawkers, pay N150m fine per branch

The Central Bank of Nigeria (CBN) has issued a stern warning to banks engaging in the unlawful circulation of freshly minted naira notes. CBN revealed that any financial institution caught facilitating the illegal distribution of these notes would incur a penalty of N150 million per branch involved. This…

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