The Central Bank of Nigeria (CBN) says 12 banks have been fined N499 billion for failing to give out 60% of their deposits as loans. The cash reserve of the …
Tag:
Cashless Policy
-
-
The Central Bank of Nigeria (CBN) has re-introduced charges on the deposit and withdrawals of sums above N500,000 to promote a cashless economy. In a circular released on Tuesday, all …