Due to the persistent cash shortage at automated teller machines (ATMs), the Central Bank of Nigeria (CBN) has threatened to fine negligent banks.
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Due to the persistent cash shortage at automated teller machines (ATMs), the Central Bank of Nigeria (CBN) has threatened to fine negligent banks.
Some sacked Directors of the Central Bank of Nigeria (CBN) have dragged the apex bank to an Abuja Division of the National Industrial Court of Nigeria (NICN) with a request for an interlocutory injunction to restrain the bank from replacing them.
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, said there will be sanctions if any bank fail to dispense cash.