Non-availability Of Cash In ATMs: CBN Fines 9 Banks N150m
The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season. The fines total is N1.35bn, with each of the banks fined N150m. The banks were found culpable after spot checks revealed non-compliance with the…
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