Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,225,247 members, 8,062,549 topics. Date: Sunday, 26 January 2025 at 01:38 PM

Yuletide: CBN To Probe Cash Shortage In Atms - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Yuletide: CBN To Probe Cash Shortage In Atms (587 Views)

House Of Representatives Orders CBN To Suspend Cashless Policy / Buhari: “Why I Ordered CBN To Stop Forex For Food Import” / Buhari Orders CBN To Blacklist Importers Of Palm Oil, 42 Other Items (2) (3) (4)

(1) (Reply) (Go Down)

Yuletide: CBN To Probe Cash Shortage In Atms by AdolfAboki(m): 5:58pm On Dec 25, 2020
"It is highly preposterous for anyone to say that CBN connived with banks to deprive people of their money this season." - Osita Nwanisobi


The Central Bank of Nigeria (CBN) says it will investigate the lack of funds witnessed by customers in most Automated Teller Machines (ATMs) in Lagos.

CBN acting spokesman Osita Nwanisobi told the News Agency of Nigeria (NAN) on Wednesday that ATMs were introduced so as to ease the sufferings of the people.



He also described as “preposterous” insinuations that the apex bank conspired with commercial banks to ensure ATMs are empty during the yuletide.

“It is highly preposterous for anyone to say that CBN connived with banks to deprive people of their money this season.

“The primary purpose, for which ATMs were introduced, is to ease the sufferings of Nigerians and to make banking easier and convenient.

“I assure the public that CBN will investigate the matter,’’ he said.



NAN said its reporter visited FirstBank ATMs at Iganmu.

It said its findings revealed the ATM machines in the bank premises were not dispensing, but the ones in the banking hall were dispensing.

Also at Firstbank ATM in Egbe, Isolo road, it said the four machines, all in good conditions, had no cash to dispense.



Source: https://igberetvnews.com/1376575/yuletide-cbn-probes-cash-shortage-atms/
Re: Yuletide: CBN To Probe Cash Shortage In Atms by AdolfAboki(m): 5:59pm On Dec 25, 2020
The cash outage was something else.. Gt Bank's case was even the worst - SP services time out throughout yesterday! USSD code, mobile app, everything down! Them just spoil Christmas for me and my friends, nawa o. undecided

So I support the investigation. It must not happen again. Too bad!

May God help Nigeria.

Merry Christmas to all Nairalanders! cheesy
Re: Yuletide: CBN To Probe Cash Shortage In Atms by JaneYave(f): 7:03pm On Dec 25, 2020
Timely
Re: Yuletide: CBN To Probe Cash Shortage In Atms by OlujobaSamuel: 9:01pm On Dec 25, 2020
Na today
What have they done about banks making their ATM dispense ₦5000/₦10000 max so they can start charging for 3rd party ATM card?
Re: Yuletide: CBN To Probe Cash Shortage In Atms by FarahAideed: 9:04pm On Dec 25, 2020
The banks are deliberately trying to kill te ATMs in favour of that local POS agency banking
Re: Yuletide: CBN To Probe Cash Shortage In Atms by HopeSpencer: 9:24pm On Dec 25, 2020
FarahAideed:
The banks are deliberately trying to kill te ATMs in favour of that local POS agency banking


You made sense today.
Re: Yuletide: CBN To Probe Cash Shortage In Atms by Nobody: 10:47pm On Dec 25, 2020
Sanusi lamido is far better than emefiele as the CBN governor.

(1) (Reply)

Igbos Are Marginalized But Not An Excuse To Disintegrate – Political Pundit / Gov. Zulum Lays Foundation Of First Private University In Borno / British Firm Begins Gold Mining In Nigeria

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2025 Oluwaseun Osewa. All rights reserved. See How To Advertise. 15
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.