CBN Issues Warning To Commercial Banks …C0NTINUE READING HERE >>>
The Central Bank of Nigeria (CBN) has warned financial institutions of severe penalties if they fail to address the ongoing cash scarcity at Automated Teller Machines (ATMs).
Henzodaily reports that the CBN Governor, Olayemi Cardoso, issued this warning on Friday during the annual Bankers’ Dinner hosted by the Chartered Institute of Bankers of Nigeria.
His remarks follow widespread reports of cash shortages at both ATMs and bank counters.
Addressing the issue, Cardoso said, “We are…
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