CBN sanctions banks for ATM cash dispensing failures

Sunnewsonline | 15-01-2025 10:45am |

From Adanna Nnamani, Abuja In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs) during the yuletide season. Each bank was fined ₦150 million for non-compliance with the CBN’s cash [...]The post CBN sanctions banks for ATM cash dispensing failures appeared first on The Sun Nigeria.

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