CBN enforces cash management reforms and sanctions non-compliant banks
Central Bank of Nigeria issued regulatory enforcement and sanctions affecting Deposit Money Banks, fintech operators, POS operators on December 31, 2025.
- Primary
- Central Bank of Nigeria
- Counterparty
- Deposit Money Banks, fintech operators, POS operators
- Structure
- regulatory enforcement and sanctions
- Date
- December 31, 2025
- Sub-sector
- Payments
CBN's cash lifecycle reforms and N150M fines on non-compliant DMBs demonstrate regulatory tightening of payments infrastructure, affecting bank ATM networks and POS operators.
Source: dailytrust.com