Friday, 16 February 2024 04:36

CBN stops FX cash for BTA/PTA

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Central Bank of Nigeria (CBN) will no longer allow cash for Business Travel Allowance (BTA) and Personal Travel Allowance (PTA).

All such allowances are to be issued in cards, the bank has announced.

It said that the new measure was part of efforts towards making such that only genuine travellers obtained BTA and PTA, going forward.

 

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