Stella Dimoko Korkus.com: CBN Imposes N150 Million Fine On Banks Releasing Redesigned Naira Notes To Currency Hawkers...

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Sunday, December 15, 2024

CBN Imposes N150 Million Fine On Banks Releasing Redesigned Naira Notes To Currency Hawkers...

The Central Bank of Nigeria (CBN) has imposed a ₦150 million fine on banks guilty of releasing the redesigned naira notes to currency hawkers.
The hawking of new naira notes became rampant after the introduction of the redesigned ₦200, ₦500, and ₦1,000 denominations. Reports of these notes being sold on the black market at exorbitant rates  prompted the CBN to take stricter action.

8 comments:

  1. Okoo na them sabi,but please oo let me ask well, is it true that old notes will expire on 31st of this month, I want to be sure 🙄🙄

    ReplyDelete
  2. Using money to buy money wicked people.

    ReplyDelete
  3. Do more, please.
    It has become so crazy and annoying!

    ReplyDelete
  4. Na who go do the imposition na? When all of them na thieves.

    ReplyDelete
  5. Na today.story story.2 weeks ago banks were told to fill ATM machine with cash until now ,they have not.

    ReplyDelete

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