FinanceBanks with composed (mutilated) notes attract a 400% penalty, says CBNTonia Osundolire April 5, 2022April 5, 2022 by Tonia Osundolire April 5, 2022April 5, 20220393 THE Central Bank of Nigeria (CBN) at the weekend said it will penalize any bank found with composed notes. This, the apex bank said it