Friday, May 7, 2021

Nigeria Stopping the Rejection of Previous or Torn USD Notes Underlines Why Crypto Is a Higher Reserve Forex

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Mike Specter
What's there to say about me, blogging is my passion, but that goes without saying, i love football and i won't turn down an invitation for a drink. Make that Tequila and you have my undivided attention! How ironic lol I enjoy reading and occasional golf


The Central Financial institution of Nigeria disclosed that establishments that refuse to simply accept the outdated collection/decrease denominations U.S. greenback payments from their prospects will likely be sanctioned”

The CBN issued a round by way of Ahmed Umar, a director within the CBN’s Forex Operations Division that it has been delivered to its discover from members of the general public on the rejection of such notes by banks.

Moreover, the CBN warned towards the identical establishments to stop the apply of defacing/stamping USD notes as these “all the time fail authentication checks throughout processing or sorting.”

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