Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the United States of America Dollars.In a circular issued by the Ag.

In the banking world, some currency denominations are more popular than others. While most people are familiar with the common $1, $5, $10 and $20 bills, the humble $50 often goes overlooked. Find ...

Months after the Reserve Bank of India embarked on a massive exercise that saw an end to the old Rs 500 and Rs 1000 notes, the central bank is now all set to unveil fresh currency in Rs 10 ...

New Delhi, May 30: The Reserve Bank of India on Tuesday announced that they are soon going to circulate currency notes in one rupee denomination. However, it has been stated that these one rupee ...

CBN The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DNBs) and Bureau De Change (BDC) operators to, henceforth, accept old and lower denomination U.S dollars as legal tender.

The Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the United States of America Dollars. In a circular issued by ...