EPISODE · Feb 3, 2023 · 14 MIN
Why Some Banks May Not Comply With The New CBN Directive
from Nigeria Daily · host Lilian Ogazi, Mardia Umar, Bilkisu Ahmed
The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000.In this episode of Nigeria Daily, we find out why banks may not comply with the directive.
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