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Deposit money banks

CBN clarifies Position on Operation of Domiciliary Accounts

Mustapha Sumaila Feb 23, 2020 0

The Central Bank of Nigeria (CBN) says it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks (DMBs).SEE ALSO: Court adjourns Andrew Yakubu’s $9.8m NNPC fraud case until Jan. 16The CBN…

Business

CBN Urges Deposit Money Bank Customers To Report Cases Of Illegal Charges

Kelechi Uchenna Feb 21, 2016 0

The Central Bank of Nigeria (CBN) has asked banks’ customers to report cases of excessive and illegal charges by Deposit Money Banks.In a statement on Saturday, Ibrahim Mu’azu, the apex bank's spokesman, said it had received series of…