Pegasus Reporters Issues on the Wing
“Each bank was fined N150m for non-compliance, in line with the CBN’s cash distribution guidelines, following spot checks on their branches. The enforcement action follows repeated warnings from the CBN to financial institutions to guarantee seamless cash availability, particularly during periods of high demand” PEGASUS REPORTERS, LAGOS | JANUARY 15, 2025 The Central Bank of Nigeria has slammed 9 ...
Read More »BREAKING: Cash Shortage in ATMs: CBN imposes fine of N150 million each on nine erring banks.
