Abuja, July 2, 2024 – The Central Bank of Nigeria (CBN) on Tuesday warned that it would sanction banks for rejecting old and small denominations of the United States of America dollars.
Its Ag. Director of Currency Operations Department of CBN, in a circular with reference: COD/DIR/INT/CIR/001/017, said the apex bank’s market intelligence had revealed the continued rejection of the affected dollar notes, which it described as unacceptable. (GBN)
