Automated Teller Machine (ATM)

The Senate has begun a process of providing a legal framework to guide electronic transactions in the country, through a bill sponsored by Senator Ibikunle Amosun. The new law, "Electronic Transactions bill 2019," being considered by the…

The Central Bank of Nigeria (CBN) has warned that Deposit Money Banks (DMBs) caught dispensing counterfeit Naira notes through the Automated Teller Machine (ATM) or over the counter teller points will pay a fine of N1 million Naira.…