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CBN to penalise DMBs aiding, abetting Naira hawking
Olayemi said that the CBN would engage in “mystery shopping” exercise and periodic “spot checks” on cash distribution and disbursement activities of DMBs to ascertain the source of such Naira notes.
16 Nov 2024 11:29 PM IST
Desist from hoarding cash or face sanctions, CBN warns DMBs, POS operators
Sidi-Ali said that the apex bank was currently investigating reported cases of collusion by DMBs and the PoS operators, which were capable of undermining the smooth running of the economy.
22 Dec 2023 2:22 PM IST
