ATMs loaded with cash as N100 withdrawal fee begins
Banks are loading their ATMs with cash as they commenced charging N100 for transactions on March 1.
The Central Bank released the…
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ATMs
CBN Sanctions 9 Banks For Failing To Dispense Cash At ATMs
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) with a cumulative fine of ₦1.35 billion for failing to dispense naira notes through Automated…
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PoS Takes Over Cash Dispensing Services As Cash Dries In ATMs
With most Automated Teller Machines (ATMs) of banks not dispensing cash, most bank customers have resorted to use of mobile money agents, specifically, Point of Sales terminal (PoS)…
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New naira notes: CBN charges banks to ensure compliance or face penalty
The Central Bank of Nigeria (CBN) has charged commercial banks across the country to ensure full compliance with the directive of loading the newly redesigned naira notes in their…
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