The Central Bank of Nigeria has fined upto nine Nigerian banks 150m naira each for cash scarcity during the festive season, totalling upto N1.35bn. These banks, after thorough check, were fined for non-compliance with the apex bank’s cash distribution guidelines….

As Nigerians prepare to festive season, the Central Bank of Nigeria (CBN) has called on bank customers nationwide to report difficulties withdrawing cash from ATMs and bank branches. Newsmax Nigeria reports that the CBN Governor Olayemi Cardoso announced this directive…