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CBN to sanction DMBs, Forex dealers who reject old, lower denominations of dollars

By Chioma Obinagwam Nigeria’s central monetary authority, the Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs) and Authorized Forex dealers...

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CBN reacts to scarcity of PTA, BTA at Nigerian banks

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has reacted to rumours of unavailability of Personal Travel Allowance (PTA)...

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