Fidelity Bank plc has announced the appointment of three new members to its Board of Directors, following approval from the Central Bank of Nigeria.The appointments, effective January 14, 2025, were ...

The Central Bank of Nigeria (CBN) has once again demonstrated its resolve to uphold stability and discipline in the banking sector with its recent imposition of sanctions on nine Deposit Money ...

The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season.

The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season.

The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season.

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NINE Deposit Money Banks (DMBs) are to pay a N1.35 billion fine for failing to adequately load their Automated Teller Machines (ATMs) during the Yuletide. The Central Bank of Nigeria (CBN) which ...

The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season.

Judge Md Zakir Hossain of the Metropolitan Senior Special Judge's Court issued the order following applications from ...

The Central Bank of Nigeria (CBN) has imposed a fine of N1.35 billion on nine Deposit Money Banks (DMBs) for failing to make naira notes available through automated teller machines (ATMs) during ...

In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through ...

The bank had earlier warned DMBs to prioritise cash distribution through ATMs and implement internal controls for responsible disbursement and accountability. The Central Bank of Nigeria (CBN) has ...