CBN Penalizes 9 Banks with ₦1.35 Billion Fine for ATM Cash ShortagesReaffirms the Validity of Old ₦1000, ₦500, and ₦200 Notes

The Central Bank of Nigeria fined nine banks ₦1.35 billion for failing to ensure cash availability via ATMs. Learn about the penalties, CBN’s guidelines, and the validity of old Naira notes. The Central Bank of Nigeria (CBN) has enforced a ₦1.35 billion fine on nine commercial banks for failing to ensure the availability of Naira […]