CBN Cracks Down on Banks: Only One ATM Allowed for Every 5,000 Cards!
The Central Bank of Nigeria (CBN) is urging banks and independent ATM operators to enhance their cash distribution networks. In a draft directive unveiled in...
The Central Bank of Nigeria (CBN) is urging banks and independent ATM operators to enhance their cash distribution networks. In a draft directive unveiled in October 2025, the regulator outlined plans to boost ATM availability across Nigeria, a country where frequent machine outages and long queues are common frustrations. This initiative follows recent regulations that...