CBN Penalizes Nine Banks For ATM Cash Scarcity

The Central Bank of Nigeria (CBN) has fined nine commercial banks ₦1.35 billion for failing to ensure adequate cash availability during the festive season. Each bank was fined ₦150 million after spot checks revealed violations of cash distribution guidelines. The affected banks include Fidelity Bank, First Bank, Keystone Bank, Union Bank, Globus Bank, Providus Bank, … Continue reading CBN Penalizes Nine Banks For ATM Cash Scarcity