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CBN seeks stiffer penalty for dud cheque issuers

The Central Bank of Nigeria has called for a review of the Dishonoured Cheque Offences Decree of 1977. The law, which was enacted about 37 years ago, stipulates the framework for ensuring strict eradication of dishonoured cheques in the financial system. But the CBN stated that the law in its current form could not effectively... 
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Added November 20, 2013
from The Punch News