Episode Details
Back to EpisodesWhy Some Banks May Not Comply With The New CBN Directive
Published 3 years, 1 month ago
Description
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.