CBN sanctions nine banks for failing to dispense cash via ATMs

The Central Bank of Nigeria (CBN) says it has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs) during the Yuletide season. According to a statement by Hakama Sidi-Ali, CBN’s Director, Corporate Communications Department, this is a clear message of zero tolerance for cash flow disruptions. [...]The post CBN sanctions nine banks for failing to dispense cash via ATMs appeared first on The Guardian Nigeria News - Nigeria and World News.

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