Cbn Fines Nine Banks N1.35bn For Atm For Hoarding Cash

CBN Fines Nine Banks N1.35bn for ATM for Hoarding Cash The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season. Each of the banks was fined N150m following spot checks that revealed non-compliance with the apex