Automated Teller Machines
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arrested the officials of the Abuja head office of Sterling Bank over “N258 million” new notes “stashed” in the bank’s vault. In a statement on Tuesday, the commission said the regional and service managers of the bank were arrested on Friday. […]
The Central Bank of Nigeria (CBN) has warned that it will penalise banks that fail to comply with its directive to dispense the newly redesigned N200, N500 and N1,000 through their Automated Teller Machines (ATMs). The warning was issued yesterday by the CBN Director, Currency Operations Department, Ahmed Umar, during a training session […]
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