CBN to sanction banks over new naira notes scarcity

As public anger over the scarcity of new naira notes persists, the Central Bank of Nigeria (CBN), on Thursday stormed various banks’ Automated Teller Machines (ATMs) to ascertain their level of compliance with dispensing the redesigned naira notes. This was even as the CBN said it has waived conditions for Deposit Money Banks (DMBs) across … [Read more…]