By Olumide David Investigation by Nigerian NewsDirect has revealed that banks have limited Automated Teller Machines (ATMs) cash withdrawal to N20,000. This is even as customers lamented over the limit. Findings show that Fidelity bank along Ota, Joju road was…
Long queues at commercial banks in Lagos have suddenly disappeared following the injection of more bank notes by the Central Bank of Nigeria (CBN) into commercial banks. The apex bank had on Thursday confirmed the evacuation of bank notes from…
…Direct customers to follow CBN guidelines for deposit …Stakeholders lament failure of electronic platform …Nigerian economy loses N20 trillion over cash crisis — Muda Yusuf …NSCDC raises concerns over circulation of fake redesigned Naira notes By Seun Ibiyemi Barely 10…
The United Kingdom (UK) Foreign, Commonwealth & Development Office (FCDO), has warned its citizens in Nigeria to avoid visiting banks and Automated Teller Machines (ATMs) in the country. The office gave the warning in its latest travel advisory released on…
The National Association of Nigerian Students (NANS) and the National Association of Ogun State Students (NAOSS) have slammed President Muhammadu Buhari over his decision to lift the restriction on only the old N200 note. The student bodies said Buhari should…
The Central Bank of Nigeria (CBN) has directed commercial banks to start paying the redesigned naira notes to customers over the counter. In a statement on Thursday, Godwin Emefiele, CBN governor, said the new directive was to alleviate the challenges…
Residents of Calabar in Cross River state have resorted to keeping vigil at Automated Teller Machine (ATM) centers in search of the new naira notes. Newsmen who monitored the situation around the metropolis, reports that the ATM points across the…
The likes of Access Bank plc, Guaranty Trust Bank Plc, Zenith Bank Plc, United Bank for Africa Plc (UBA), and FBN Holdings reported 12,159 Automated Teller Machines (ATM) in 2020 financial year. Specifically, Access Bank in 2020 reported 2963 ATMs,…
