ATM
The Central Bank of Nigeria (CBN) says it will investigate the scarcity of funds witnessed by customers in most Automated Teller Machines (ATMs) in Lagos State.
The CBN‘s Acting Director, Corporate Communications, Mr Osita Nwanisobi told the News Agency of Nigeria (NAN), on Wednesday, that ATMs were introduced so as to ease the sufferings of the people.
Nwanisobi spoke on the heels of customers complaining that the proliferation of Agent Banking is responsible for ATMs not having money to dispense any more.
NAN reports that people have alleged this was due to banks conspiracy with CBN.
The director also described as “preposterous” insinuations that the apex bank conspired with commercial banks to ensure there was no money in the machines.
Pains, gains as FSS 2020 financial hub timeline nears thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
Safety tips for the festive season jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Prime Minister Andrew Holness (third left), cuts the ribbon to reopen the renovated banking hall of Scotiabank in downtown Kingston on December 10. Sharing the moment (from left) are: Jeffrey Hall, chairman, Scotia Group Jamaica; David Noel, president and chief executive officer, Scotia Group Jamaica; Audrey Tugwell Henry, executive vice president, retail banking, Scotiabank; and Julian Robinson, Opposition spokesman on finance, planning and the public service.
Prime Minister Andrew Holness has emphasised that Jamaicans should embrace digital technology and commerce, and that there is commitment to financial inclusion for all Jamaicans.
“All banks and the Government have committed to financial inclusion, meaning that all Jamaicans must be able to access and participate in the formal banking system. They must be able to access banking services and banking products, but, on the other hand, there is the efficiency as to how these products and services are delivered,” he said.
Nigeria: FCMB Opens Cash Centre At Ipaja allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.