CBN Issues Directives To Banks Amidst Cash Scarcity …C0NTINUE READING HERE >>>
The Central Bank of Nigeria (CBN) has instructed commercial banks to prioritize cash disbursements through automated teller machines (ATMs), warning that institutions failing to comply would face penalties.
In a statement issued on Friday, Solaja Olayemi, Acting Director of the Currency Operations Department at the CBN, emphasized the need to ensure easier access to cash for Nigerians amidst reports of scarcity.
The CBN also cautioned against supplying naira notes to individuals or…
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