The Central Bank of Nigeria (CBN), has expressed its readiness to sanction banks in the country over the increasing amount of mutilated notes in circulation. In a circular titled, ‘Treatment of Composed Banknotes’, that was addressed to all Deposit Money Banks (DMBs), CBN warned financial institutions in the country to stop including composed currency notes … Continue reading CBN To Sanction Banks For Aiding Circulation Of Mutilated Notes