Following reaction from some Nigerians of the failure of the Central Bank of Nigeria (CBN) to sanction violators of the Nigeria’s currency, the Nigeria apex bank said it has no power to take such action.

In July, Nigerians’ reactions dominated the headlines after the capturing of a nightclub businessman, Obi Iyiegbu, popularly known as Obi Cubana, and his friends for violating the currency during the burial of his mother in Oba, Anambra State.

Continue reading: https://www.ekohotblog.com/2021/08/09/why-we-cant-prosecute-obi-cubana-for-abuse-of-naira-cbn/