New CBN guidelines seek to further discourage dud cheques

The Central Bank of Nigeria (CBN) has further intensified its efforts to stamp-out incidences of ‘bounced cheques’ in transactions in the economy, as the apex bank recently introduced  revised guidelines for bank charges, applicable to services offered by financial institutions in the country.  The new guidelines mean that with effect from May 1 2017, the…

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The post New CBN guidelines seek to further discourage dud cheques appeared first on BusinessDay : News you can trust.

Source : BusinessDay

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