The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs) and desist from selling new naira notes to hawkers while threatening to sanction non-compliant banks. CBN gave the directive in a circular to banks on Friday titled ‘Mystery shopping & spot checks on cash disbursement activities of [...]The post CASH SCARCITY: After Ripples Nigeria report, CBN threatens to sanction banks with empty ATMs, selling new notes appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
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