The Central Bank of Nigeria (CBN) has launched a cash swap programme in partnership with super agents and deposit money institutions (DMBs).
This was stated in a circular published by the central bank on Friday and signed by Haruna Mustafa, director of banking supervision, and Musa Jimoh, director of payments system.
The circular was issued to all DMBs, mobile money operators (MMOs), super agents, and agents and will take effect from Monday 23, January 2023.
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