CBN Directs Banks To Prioritize ATM Cash Distribution Amid Rising Demand
The Central Bank of Nigeria (CBN) has instructed banks to primarily distribute cash through Automated Teller Machines (ATMs). In a circular to banks on Friday, Solaja Olayemi, the acting director of the CBN’s currency operations department, cautioned banks against handing naira notes to individuals involved in the illegal sale of the currency. The apex bank…

