CBN slams up to N20m fine on Banks, cheque printers for breaching standards

Nationaldailyng | 13-02-2026 09:44pm |

The Central Bank of Nigeria (CBN) has announced that deposit money banks and accredited cheque printers that repeatedly violate cheque production and processing standards will face penalties of up to N20 million. The apex bank disclosed the revised sanctions in a circular dated February 10, 2026, and addressed to all deposit money banks

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