The Central Bank of Nigeria (CBN) has imposed a fine totaling N1.35 billion on nine banks for failing to provide Naira notes through Automated Teller Machines (ATMs) during the yuletide season. According to the apex bank, each of the affected banks was fined N150 million as a demonstration of its zero-tolerance policy towards cash flow […]

The post CBN Imposes N1.35bn Fine On Nine Banks For ATM Cash Shortages first appeared on OsunDefender.

The post CBN Imposes N1.35bn Fine On Nine Banks For ATM Cash Shortages appeared first on OsunDefender.