BUSINESS
Business

Breaking: CBN fines nine banks N1.35b for ATM cash scarcity

Share:

Breaking: CBN fines nine banks N1.35b for ATM cash scarcity

Each of the banks was fined N150m following spot checks that revealed non-compliance with the apex banks cash distribution guidelines.

The post Breaking: CBN fines nine banks N1.35b for ATM cash scarcity appeared first on The Eagle Online.

Full Story HERE

FCMB appoints new Executive Director

FCMB appoints new Executive Director

President Bola Tinubu with the President of the United Arab Emirates

President Bola Tinubu with the President of the United Arab Emirates

Nigeria must harness artificial intelligence to drive development- Okonjo-Iweala

Nigeria must harness artificial intelligence to drive development- Okonjo-Iweala

Israel and Hamas agree to ceasefire deal

Israel and Hamas agree to ceasefire deal

Europe's largest economy is facing a possible third consecutive year of recession

Europe's largest economy is facing a possible third consecutive year of recession

Former chancellor Zahawi joins diagnostics group Ador

Former chancellor Zahawi joins diagnostics group Ador

TCN needs N2.7 trillion to execute 149 projects Minister

TCN needs N2.7 trillion to execute 149 projects Minister

Asharami Energy achieves 4m LTI-free man hours milestone

Asharami Energy achieves 4m LTI-free man hours milestone

UPDATED: Nigerias inflation rate rises again

UPDATED: Nigerias inflation rate rises again

NCC approves Telcos request to suspend USSD services for nine banks.

NCC approves Telcos request to suspend USSD services for nine banks.

Starmer rules out emergency budget as he defends his chancellor

Starmer rules out emergency budget as he defends his chancellor

Backlash at world's biggest advertising firm after staff told to work four days a week in office

Backlash at world's biggest advertising firm after staff told to work four days a week in office

Good news on inflation could be quickly erased by tax rises and Trump turbulence ahead

Good news on inflation could be quickly erased by tax rises and Trump turbulence ahead

Good news for chancellor on inflation but it may not last

Good news for chancellor on inflation but it may not last

$225m Debt: Obaigbenas General Hydrocarbons says First Banks recklessness almost killed 93 souls on rig

$225m Debt: Obaigbenas General Hydrocarbons says First Banks recklessness almost killed 93 souls on rig

FBN Vs Obaigbena: Navy arrests crude oil cargo owned by GHC

FBN Vs Obaigbena: Navy arrests crude oil cargo owned by GHC

Lokpobiri calls for stronger FG partnerships with oil service providers

Lokpobiri calls for stronger FG partnerships with oil service providers

FCCPC, NCC sign MoU to streamline telecoms regulation, strengthen consumer protection

FCCPC, NCC sign MoU to streamline telecoms regulation, strengthen consumer protection

Bank rate-setter sees four cuts this year after surprise dip in inflation

Bank rate-setter sees four cuts this year after surprise dip in inflation

Surprise fall in inflation after two months of rises

Surprise fall in inflation after two months of rises

Chinese investors descend on pounded yam during Ekiti visit

Chinese investors descend on pounded yam during Ekiti visit

Market awaits tariff review amid GenCos liquidity crisis, subsidy cuts

Market awaits tariff review amid GenCos liquidity crisis, subsidy cuts

Otedola Vs Obaigbena: Crude oil cargo owned by General Hydrocarbons arrested

Otedola Vs Obaigbena: Crude oil cargo owned by General Hydrocarbons arrested

Shareholders advocate strategic reforms to sustain listing momentum

Shareholders advocate strategic reforms to sustain listing momentum

Africa needs regional cooperation, innovative financing to drive energy transition

Africa needs regional cooperation, innovative financing to drive energy transition

U.S., Nigeria sign $2 million broadband study grant

U.S., Nigeria sign $2 million broadband study grant

MMCC urges Tinubu to expedite revalidation of $27.29 billion Escravos seaport

MMCC urges Tinubu to expedite revalidation of $27.29 billion Escravos seaport

Investors lose N1.1tr from selloff in 41 stocks

Investors lose N1.1tr from selloff in 41 stocks

FCCPC, NCC sign MoU to protect consumers, bridge regulatory gaps

FCCPC, NCC sign MoU to protect consumers, bridge regulatory gaps

Interswitch sponsors AI Conference

Interswitch sponsors AI Conference

NRC to spend N8.5 billion on train procurement this year

NRC to spend N8.5 billion on train procurement this year

Musk sued over buying Twitter shares at artificially low prices by US finance regulator

Musk sued over buying Twitter shares at artificially low prices by US finance regulator

CBN fines nine banks for failing to dispense cash via ATMs

CBN fines nine banks for failing to dispense cash via ATMs

Breaking: CBN fines nine banks N1.35b for ATM cash scarcity

Breaking: CBN fines nine banks N1.35b for ATM cash scarcity

National Assembly rejects N11.8b budget for Ministry of Livestock take-off

National Assembly rejects N11.8b budget for Ministry of Livestock take-off

The 10 things likely to be more expensive in coming months despite surprise fall in inflation

The 10 things likely to be more expensive in coming months despite surprise fall in inflation

Air Peace secures sixth IOSA certification, sets new benchmark for safety in African aviation

Air Peace secures sixth IOSA certification, sets new benchmark for safety in African aviation

Nigerian online population shows strong enthusiasm for AI -New Google/Ipsos survey

Nigerian online population shows strong enthusiasm for AI -New Google/Ipsos survey

$225m Debt: First Bank speaks on legal tussle with oil firm General Hydrocarbons

$225m Debt: First Bank speaks on legal tussle with oil firm General Hydrocarbons

MORE STORIES ABOUT BUSINESS