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He added, “We are happy. If the banks have learnt their lessons, they should be able to put money in the ATMs. That does not mean that the point-of-sale terminal operators should not have money ...

has sanctioned nine Deposit Money Banks (DMBs) with a cumulative fine of ₦1.35 billion for failing to dispense naira notes through Automated Teller Machines (ATMs) during the Yuletide period.

Most of the Deposit Money Banks (DMBs) sanctioned by the Central Bank of Nigeria (CBN) have taken immediate steps to load their Automated Teller Machines (ATMs) with cash. On Wednesday, just a day ...

The Central Bank of Nigeria (CBN) has sanctioned nine commercial banks with a total of N1.35bn for cash unavailability at their Automated Teller Machines (ATM) during the Yuletide. The apex bank ...

Last September, the CBN announced plans to penalise banks failing to dispense cash via ATMs as part of efforts to ensure adequate cash circulation. In November, the bank urged customers to report ...