Tag Archives: Central Bank

Central Bank to probe travellers with over $10,000 at borders henceforth

July 6, 2015 by Delia Innoma 1 Comment

The Central Bank of Nigeria (CBN) yesterday said it would investigate travellers breaching the rule by moving more than $10,000  in cash or negotiable instruments across the nation’s borders. CBN Director, Corporate Communications Ibrahim Mu’azu said in a statement that henceforth, the transportation of cash or negotiable instruments in excess of $10,000 or its equivalent […]

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