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BREAKING: CBN To Penalise Banks For Disbursing Cash To Naira Hawkers Instead Of ATMs

Tgmedia by Tgmedia
November 15, 2024
in Banking, Breaking, News
0
BREAKING: CBN To Penalise Banks For Disbursing Cash To Naira Hawkers Instead Of ATMs
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The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs).



In a statement on Friday, Solaja Olayemi, acting director, currency operations department at CBN, also warned that banks disbursing naira notes to persons hawking the Nigerian currency will be penalised.

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