Cash Crunch: Banks Dispense Cash Over Counter, Load ATMs   The Central Bank of Nigeria has released more old notes to Deposit Money Banks as the apex bank steps up efforts to flood the economy with more cash after a prolonged cash crunch that has made...

The suspension of the usage of naira payment cards to withdraw foreign currencies abroad and for online transactions has created problems for Nigerians, who are looking up to their banks for solutions, PUNCH reports. In the last three weeks, Deposit Money Banks have recorded an...

The Nigeria Inter-Bank Settlement Scheme (NIBSS), revealed that deployment of automated teller machines (ATMs) by commercial banks in the country is currently in deficit of 72.33 per cent. The NIBSS, in its latest industry report, said that the ATMs installed by commercial banks in the...